Raising Cane's - Brooklyn, NY (Utica)_Pand te koop
Raising Cane's - Brooklyn, NY (Utica)_Pand te koop
506 Utica Avenue, New York, NY, 11203, US

Raising Cane's - Brooklyn, NY (Utica)

Beschrijving

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Raising Cane’s at 506 Utica Avenue in Brooklyn, New York (“Property” or “Asset”). The Property operates on an absolute NNN ground lease with a rare 20-year primary lease term, 10% rent escalations every 5 years and five, five-year options. This flagship Raising Cane's location marks the brand's Brooklyn debut, capturing an entirely untapped market.

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Kenmerken

Vraagprijs
€ 11.879.000
Cap rate
4,75%
NOI
€ 565.000
WAULT
20 jaren
Bruto landoppervlakte
0,22 ha
Bouwjaar
2026

Media

Investeringskenmerken

  1. Flagship restaurant as the 1st Raising Cane’s location in Brooklyn
  2. Rare 20-year absolute NNN ground lease with no landlord responsibilities
  3. Extensive trade area with 1.3+ million residents within a 3-mile radius
  4. Urban infill location in market with high barriers to entry
  5. Raising Cane’s has seen 64 straight quarters of positive same-store sales growth
  6. Located in Prospect Lefferts Gardens, one of Brooklyn’s most desirable residential neighborhoods
  7. Frontage along Utica Avenue, a major four-lane commercial corridor
Raising Cane's - Brooklyn, NY (Utica) 4_Pand te koop
Raising Cane's - Brooklyn, NY (Utica) 4_Pand te koop

Contact adviseurs

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Laatst bijgewerkt
26 mrt 2026