1360 Travis Blvd - Fast Food FOR SALE


Fairfield, CA 94533
$3,000,000 USD
714-353-3870
1360 Travis Blvd, Fairfield, CA for Sale
$3,000,000 USD
Fast Food - FOR SALE
1/9
null | 4.5% Cap Rate

1360 Travis Blvd
Fairfield, CA 94533


OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$901 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Drive Through Raising Canes Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.72 AC

LAND SF

31,363 SF

ZONING

Restaurant

APN/PARCEL ID

0033-240-030

ASK ABOUT THIS PROPERTY

Minh TranWestern Smart RealtyMore Info
714-353-3870

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Minh TranWestern Smart RealtyMore Info
714-353-3870

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.