Raising Cane’s has a brand new 20-year Absolute NNN lease with rental escalations every 5 years and five 5-year renewal options. The tenant, Raising Cane’s Restaurants, LLC (Corporate Entity) has more than 390 restaurants in 24 states, Bahrain, Kuwait, Lebanon, Saudi Arabia, and United Arab Emirates.
Raising Cane’s is located in Bellevue, Nebraska on large 1.10 acre lot that is just off a hard corner with excellent drive-by visibility. Nearby retailers include: Walmart Supercenter, Menards, Shopko, Dollar Tree, Dollar General, Baker’s, ALDI, Family Fare Supermarket, Sears Hometown Store, JOANN Fabrics, Petco Animal Supplies, Ace Hardware, Walgreens, etc. This asset is just 1.5 miles from Bellevue University (enrollment of 8,896) and 3 miles from the Offutt Air Force Base (7,967 total military & 8,786 total civilians).