323 William S Canning Blvd - Fast Food FOR SALE


Fall River, MA 02721
$5,114,000 USD
929-229-2614
323 William S Canning Blvd, Fall River, MA for Sale
$5,114,000 USD
Fast Food - FOR SALE
1/6
null | 4.4% Cap Rate

323 William S Canning Blvd
Fall River, MA 02721


HIGHLIGHTS

  • Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Signed | Renowned QSR Chicken Brand
  • Absolute NNN Ground Lease | Leased Fee Ownership |
  • Signalized, Four Way Intersection | Surrounding Big Box Retailers | Across From SouthCoast Marketplace | Drive-Thru Equipped
  • Strong Demographics 5-Mile Trade Area

OVERVIEW

Ground Lease, 15-year Absolute NNN lease with 5 (5-year) options to extend and 10% rental increases every 5 years. Lease to commence 7/2025.

FOR SALE DETAILS

PRICE

$5,114,000 USD

PRICE/SF

$1,556 USD /SF

CAP RATE

4.4%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Raising Cane's | New 15yr Corp Abs NNN Ground

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

Commercial

APN/PARCEL ID

FALL-000006C-000000-000033

ASK ABOUT THIS PROPERTY

Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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Britt RaymondSRS Real Estate PartnersMore Info
929-229-2614

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