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Listed by Minh Tran • Minh Tran, Broker
$ 2,900,000
Est. payment | /mo
3,331 SqFt
$ 2,900,000
Est. payment | /mo
3,331 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,331 sqft
Price per Sqft $870
MLS Listing ID CRPW24057821
HOA Y/N No
Year Built 2024
Lot Size 0.720 Acres
Property Sub-Type Retail
Source Datashare California Regional
Property Description
Brand New Built Drive Through Raising Cane's restaurant, 2024, for sale the fee simple ground lease interest. Located at Solano Town Center, Fairfield, California. Corporate Guarantee from one of the top QSR chains. Raising Cane's chicken empire has 749 + locations and ranked among the best and most profitable quick service restaurants. This raising Cane's is equipped with the company's latest prototype design with it's new dual lane drive-thru, offering convenient and faster service. Long term net lease structure with zero landlord responsibility, 15 year prime lease, 3 five year options, and 1 four year renewal option. The lease offers 10% rental escalations every five years.
Location
State CA
County Solano
Interior
Fireplace No
Building
Water Public
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745