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Raising Cane's - Ocala FL 2410 College Rd 2,691 SF Retail Building Ocala, FL 34471 $5,622,127 CAD ($2,089.23 CAD/SF) 4% Cap Rate
Investment Highlights
- Brand New 15-Year Lease | Options To Extend | Corporate Entity | 10% Rental Increases | 2026 Construction
- Fronting SW College Road (35,500 VPD) | Double Drive-Thru Equipped
- College of Central Florida (9,500+ Students) | Key Traffic Driver
- Absolute NNN (Ground Lease) | Land Ownership | Zero Landlord Responsibilities
- Outparcel To Ocala West | Dense Retail Corridor
- Direct Residential Consumer Base | Strong 5-Mile Demographics
Executive Summary
• Brand new 15-year lease with 5 (5-year) options to extend, demonstrating strong commitment to the site
• Lease is signed by the corporate entity, Raising Cane’s Restaurants, L.L.C.
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Raising Cane’s is an established, nationally recognized brand with over 940 locations and one of the fastest growing chains in the U.S.
• Constructed in 2026, the asset features Raising Cane’s latest prototype
• Lease is signed by the corporate entity, Raising Cane’s Restaurants, L.L.C.
• The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
• Raising Cane’s is an established, nationally recognized brand with over 940 locations and one of the fastest growing chains in the U.S.
• Constructed in 2026, the asset features Raising Cane’s latest prototype
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,691 SF
Building Class
C
Year Built
2026
Price
$5,622,127 CAD
Price Per SF
$2,089.23 CAD
Cap Rate
4%
NOI
$224,885 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.30 AC
Zoning
SC - Shopping Center
Parking
44 Spaces (16.35 Spaces per 1,000 SF Leased)
Frontage
240’ on SW College Rd
Amenities
- Drive Thru
- Monument Signage
Nearby Major Retailers
1 of 15
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Raising Cane's - Ocala FL | 2410 College Rd
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