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5625 96th Ave 3 384 pi² Commerce de détail Immeuble Brooklyn Park, MN 55443 4 238 438 $ CAD (1 252,49 $ CAD/pi²)



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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
» 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.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 384 pi²
Classe d’immeuble
B
Année de construction
2021
Prix
4 238 438 $ CAD
Prix par pi²
1 252,49 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Taille du lot
18,81 AC
Assez praticable à pied
40/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 09-119-21-31-0009 | Évaluation des bâtiments | 823 173 $ CAD |
| Évaluation du terrain | 1 501 485 $ CAD | Évaluation totale | 2 324 658 $ CAD |
Impôts fonciers
Numéro de lot
09-119-21-31-0009
Évaluation du terrain
1 501 485 $ CAD
Évaluation des bâtiments
823 173 $ CAD
Évaluation totale
2 324 658 $ CAD
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5625 96th Ave
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