Log In/Sign Up
Your email has been sent.
Raising Cane's Chicken Fingers 2700 Tyrone Blvd 2,728 SF Retail Building Saint Petersburg, FL 33710 $4,308,609 CAD ($1,579.40 CAD/SF) 4.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Absolute Triple Net (NNN) Ground Lease | Raising Cane’s is subject to a long-term, 15-year absolute triple net (NNN) ground lease
- Drive-Thru Location | The property includes a drive-thru, offering added convenience for customers and enhancing its appeal as a fast-casual dining
- Attractive Rental Increases | The lease includes 10% rental increases every five years, resulting in a 21% growth in operating income over the lease
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Raising Cane's Chicken Fingers located at 2700 Tyrone Blvd N, St. Petersburg, FL 33710. The site consists of roughly 2,728 rentable square feet of building space on an estimated 1.04-acre parcel of land. This Raising Cane's Chicken Fingers is subject to a 15-year Triple Net (NNN) ground lease, which commenced 8/5/2025. The current annual rent is $140,000 and has scheduled increases of 10.00% every 5 years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,728 SF
Building Class
B
Year Built
2025
Price
$4,308,609 CAD
Price Per SF
$1,579.40 CAD
Cap Rate
4.50%
NOI
$193,887 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.04 AC
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-31-16-61599-001-0020 | Improvements Assessment | $4,031,056 CAD |
| Land Assessment | $6,474,189 CAD | Total Assessment | $10,505,245 CAD |
PROPERTY TAXES
Parcel Number
07-31-16-61599-001-0020
Land Assessment
$6,474,189 CAD
Improvements Assessment
$4,031,056 CAD
Total Assessment
$10,505,245 CAD
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Raising Cane's Chicken Fingers | 2700 Tyrone Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.