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Investment Highlights

  • STRATEGICALLY POSITIONED OFF HWY 610 EXIT/OFF-RAMP
  • HIGH-VISIBILITY RETAIL CORRIDOR WITH STRONG RETAIL SYNERGY
  • STRONG EMPLOYMENT DRIVERS & FAVORABLE DEMOGRAPHICS
  • PRIME SIGNALIZED HARD CORNER AT KEY RETAIL INTERSECTION
  • OVERSIZED 1.85 ACRE HARD-CORNER LOT
  • STABLE, HIGH-QUALITY MIDWEST SUBMARKET

Executive Summary

Completed in 2021, this Raising Cane’s is situated on a prominent 1.85- acre parcel in Brooklyn Park, Minnesota and features a 3,384 SF modern prototype designed for high-volume efficiency, including a dual-lane drive thru configuration that maximizes throughput and operational performance. The property is secured by a 15-year absolute NNN corporate-guaranteed ground lease with Raising Cane’s Restaurants, LLC, commencing September 2, 2021 and extending through September 30, 2036, with more than 10 years of remaining lease term. The lease structure provides zero landlord responsibilities and includes 10% rent escalations every five years, delivering durable, inflation protected income backed by one of the fastest-growing quick-service restaurant brands in the United States.
» CORPORATE-BACKED LONG-TERM LEASE
Leased to Raising Cane’s Restaurants, LLC under a 15-year absolute NNN ground lease, providing predictable long-term income supported by a nationally recognized, high-growth quick-service restaurant operator with strong brand loyalty and industry-leading unit volumes.
» ABSOLUTE NNN GROUND LEASE
Zero landlord responsibilities for operating expenses, maintenance, roof, structure, or capital expenditures — offering truly passive, management-free ownership.
» LOW GROUND RENT / ATTRACTIVE RENT GROWTH
The lease features highly favorable, below-market ground rent with contractual 10% increases every five (5) years.
» CERTIFIED TRAINING SITE | STRONG SALES | LOW RENT-TO-SALES
Elite designation reserved for high-performing Raising Cane’s locations, reflecting strong store sales and operational excellence. A low rent-to-sales ratio further highlights healthy unit economics. Contact broker for details.
» HIGH-GROWTH QSR LEADER | STRONG AUVS & DRIVE-THRU PERFORMANCE
Raising Cane’s is one of the fastest-growing quick-service restaurant concepts in the country, known for its focused operating model, strong average unit volumes, and best-in-class drive-thru execution. The company continues disciplined national expansion while maintaining strong brand loyalty and sales productivity.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,384 SF
Building Class
B
Year Built
2021
Price
$4,238,438 CAD
Price Per SF
$1,252.49 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
18.81 AC
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Farrell's Exreme Bodyshaping
Orangetheory Fitness
Caribou Coffee
Cub Foods
Huntington National Bank
Chase
Pancheros Mexican Grill
Freddy's Frozen Custard & Steakburgers
LA Fitness
Hy-Vee

Property Taxes

Property Taxes

Parcel Number
09-119-21-31-0009
Land Assessment
$1,501,485 CAD
Improvements Assessment
$823,173 CAD
Total Assessment
$2,324,658 CAD
  • Listing ID: 40164280

  • Date on Market: 2026-04-15

  • Last Updated:

  • Address: 5625 96th Ave, Brooklyn Park, MN 55443

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