Raising Cane’s
Raising Cane’s
raisingcanes.com
10
Number on Market
$4.6M
Average Price
12.7
Average Remaining Term (Years)
4.44%
Average Cap Rate
Raising Cane’s Tenant Overview
Raising Cane’s is a popular fast food restaurant chain that has gained widespread recognition for its focus on serving high-quality chicken meals. Established in 1996 in Baton Rouge, Louisiana, the company has grown into a beloved brand with a strong presence across the United States and around the world. The restaurant’s signature dish is its delicious chicken fingers, known as “One Love.” Prepared with a unique blend of premium chicken tenderloins, each dish is made to order, ensuring freshness and consistent quality. Raising Cane’s is known for its fresh, never frozen chicken fingers, its secret-recipe Cane’s sauce, crinkle-cut fries, coleslaw, Texas toast, sweet tea, and fresh-squeezed lemonade. It is one of the fastest-growing quick-service restaurant chains in the U.S., experiencing a year-over-year sales growth of 22.5% and a year-over-year unit growth of 13.6% as of 2022.
Tenant Data:
| Company | Raising Cane’s Chicken Fingers |
|---|---|
| Ownership | Private |
| Headquarters | Baton Rouge, LA |
| Ticker | N/A |
| Credit Rating | BB- (S&P) |
| Annual Revenue | $3.1 Billion (FY 2022) |
| Locations (North America) | ± 750 |
| Website | www.raisingcanes.com |
| Average Raising Cane’s Chicken Fingers Info | |
|---|---|
| Number on Market | 10 |
| Average Price | $4,607,585 |
| Average Remaining Term | 12.7 Years |
| Average Cap Rate | 4.44% |
| Average NOI | $199,050 |
| Average PPSF | $1,356 |
| Average Building SF | 3,128 SF |
| Average Lot Size | 1.12 AC |
| AS OF 02/06/2024 | |
Featured Listings:
-
$29,681,000
-
$4,555,555
-
$5,877,523,310
Latest Insights:




