100 N State Road 7 3,267 SF Retail Building Royal Palm Beach, FL 33411 $9,317,766 CAD ($2,852.09 CAD/SF) 3.76% Cap Rate

This premier Raising Cane’s location at 100 N State Rd 7 in Royal Palm Beach offers investors a rare opportunity to acquire a high-performing, single-tenant asset in one of Florida’s most dynamic retail corridors. Built in 2022, the property features modern construction and occupies a strategic 1.14-acre parcel along State Road 7, a major thoroughfare with exceptional visibility and strong traffic counts. The tenant, Raising Cane’s, is among the fastest-growing quick-service restaurant brands in the nation, boasting over $5.1 billion in U.S. systemwide sales as of October 2025.
The asset delivers a stable income stream with an initial annual NOI of $250,000, scheduled to increase to $275,000 in August 2027, enhancing long-term returns. At the asking price of $6,700,000 and a cap rate of 4.1%, this investment combines security with growth potential. The property’s ranking in the top 20% of Raising Cane’s locations nationwide underscores its strong performance and market appeal. Situated near affluent residential communities and complementary retail, this location benefits from robust demographics and sustained consumer demand.