Raising Cane's NNN Property For Sale — Fontana, CA
16914 South Highland Avenue, Fontana, CA 92336
An exceptional investment opportunity featuring a single-tenant Raising Cane's on an absolute NNN ground lease, eliminating all landlord responsibilities. The property boasts a new 15-year initial lease term with attractive 10% rent increases every 5 years, along with four 5-year options. The lease is corporately guaranteed by Raising Cane's, a rapidly expanding quick-service restaurant chain with over 360 locations across 23 states, recognized for its impressive sales-per-unit growth and status as a fastest-growing chain.The property is strategically located at the primary entrance to Highland Village, an anchored retail center by Sprouts, and benefits from excellent accessibility and visibility along the 210 Freeway, including a prominent freeway visible pylon sign (119,000 CPD). The su…
- Address: 16914 South Highland Avenue, Fontana, CA 92336
- Asking price $3.51M
- 4.00% cap rate
- NOI $140,500
- 15 years remaining
- NNN lease
Asset type: Retail