- For Sale $4,255,000
- Property Type Retail - Restaurant
- Property Size 3,171 SF
- Lot Size 0.65 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Built 2023
- Date Updated Dec 9, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- The offering is a new construction Raising Cane’s on a 15-year corporate executed ground lease, with four, 5-year options to extend
- The lease features 10% rental escalations every 5 years throughout the initial term and option periods, providing an investor with a hedge against inflation
- Raising Cane’s is responsible for the payment of property taxes and insurance, as well as all maintenance and repairs (incl. roof & structure) making this an attractive opportunity for a passive investor
- The subject property is equipped with a drive-thru and outdoor patio, and benefits from excellent street visibility
- Raising Cane’s is an outparcel to the TeleMills Plaza shopping center, which features a freestanding WSS retail store, and an unanchored daily needs strip center
- The subject property is positioned on the signalized intersection of Telegraph Road and Mills Avenue, with multiple points of ingress and egress
- Daily traffic counts at the intersection exceed 62,126 vehicles per day
False
Contacts
Location
Getting Around
-
Walk Score ®
79/100 Very Walkable -
Bike Score ®
46/100 Somewhat Bikeable
- City Whittier, CA
- Neighborhood South Whittier
- Zip Code 90605
- Market Los Angeles
Points of Interest
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Norwalk/Santa Fe Springs
1.78 miles
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Buena Park
5.19 miles
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Camp Snoopy Depot
6.82 miles
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Calico Station
6.83 miles
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Montebello/Commerce
6.84 miles
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Long Beach Boulevard
9.70 miles
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76 Gas Station
1.31 miles
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Arco
1.40 miles
-
Mobil
1.52 miles
-
76
1.57 miles
-
ChargePoint
1.86 miles
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G&M
1.90 miles
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Chevron
2.02 miles
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EVgo
2.13 miles
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Shell
2.52 miles
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Tesla Supercharger
2.89 miles
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Greenway Trail Parking
1.43 miles
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Parking Structure
2.27 miles
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DPSS Parking Lot
2.44 miles
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Lot A
2.51 miles
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Courthouse / Public Parking
2.52 miles
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Lot L
2.54 miles
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Lot B
2.57 miles
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Parking Lot K
2.57 miles
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Parking Lot P - Biola University
2.59 miles
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Parking Lot M
2.62 miles
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Panda Express
0.27 miles
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Taco Bell
0.32 miles
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Jack in the Box
0.32 miles
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In-N-Out Burger
0.35 miles
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Five Guys
0.35 miles
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Jamba
0.37 miles
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Chipotle
0.37 miles
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El Pollo Loco
0.40 miles
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Wingstop
0.42 miles
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McDonald's
0.50 miles
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dd's Discounts
0.24 miles
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Food 4 Less
0.33 miles
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Target
0.37 miles
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Ross
0.38 miles
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El Super
0.40 miles
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Walmart Supercenter
0.53 miles
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ALDI
0.59 miles
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Stater Bros.
0.83 miles
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The Market by Superior
1.60 miles
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Smart & Final
1.80 miles
Frequently Asked Questions
The space currently listed for sale at Raising Cane's asks for $4,255,000.
Raising Cane's totals 3,171 square feet.
Raising Cane's was built in 2023.
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CP Partners