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Raising Cane's | New 15yr Corp Abs NNN Ground 323 William S Canning Blvd 3,287 SF Retail Building Fall River, MA 02721 $6,475,673 CAD ($1,970.09 CAD/SF) 4.85% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Signed | Renowned QSR Chicken Brand
- Signalized, Four Way Intersection | Surrounding Big Box Retailers | Across From SouthCoast Marketplace | Drive-Thru Equipped
- Absolute NNN Ground Lease | Leased Fee Ownership |
- Strong Demographics 5-Mile Trade Area
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
3,287 SF
Building Class
B
Year Built
2025
Price
$6,475,673 CAD
Price Per SF
$1,970.09 CAD
Cap Rate
4.85%
NOI
$314,082 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.10 AC
Zoning
Commercial
Parking
29 Spaces (8.82 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signalized Intersection
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Raising Cane's
- Accommodation and Food Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Raising Cane's | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | FALL-000006C-000000-000033 | Improvements Assessment | $0 CAD |
| Land Assessment | $860,449 CAD | Total Assessment | $860,449 CAD |
PROPERTY TAXES
Parcel Number
FALL-000006C-000000-000033
Land Assessment
$860,449 CAD
Improvements Assessment
$0 CAD
Total Assessment
$860,449 CAD
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Raising Cane's | New 15yr Corp Abs NNN Ground | 323 William S Canning Blvd
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