Raising Cane’s | Louisville, KY
Sands Investment Group is Pleased to Present Exclusively For Sale the Raising Cane’s Absolute NNN Located at 6811 Bardstown Road in Louisville, Kentucky. The Property is Positioned on a Signalized Corner Featuring Over 41,000 Vehicles Per Day. Raising Cane’s Has a Long-Term Lease in Place With Fixed 7.5% Rental Increases Every 5 Years Throughout the Term and in the Option Periods.
- Absolute NNN Corporate Raising Cane’s Asset Featuring ±10 Years on the Initial Lease Term
- Positioned Along One of Louisville’s Primary North/South Thoroughfares, Bardstown Road, the Site Sees Over 41,400 Vehicles Per Day, Creating Optimal Visibility; Additionally, the Site is Less Than 1/2 Mile Off of Interstate 265, Making it an Ideal Location For Commuters and Going Home Traffic
- Located on a Signalized Intersection in a Robust Retail Corridor; National Retailers Surrounding the Site Including: Walmart, Kroger, Walgreens, PetSuites, Taco Bell, Among Many Others
- Louisville is the Largest City in Kentucky With a Metro Featuring 1,300,000 Residents and Growing
- Raising Cane’s Boasts Industry Leading Average Unit Sales (AUV) North of $5,440,000 in 2023 and Expected Eclipse $6,000,000 in 2024
- Raising Cane’s is One of the Fastest Growing QSR Brands in the Country, Opening More Than 100 Locations in 2023 and on Track to Add 100 Locations in 2024
- Raising Cane’s Has ±800 Locations Worldwide Generating North of $4 Billion in Companywide Sales; According to Co-CEO AJ Kumaran, the Raising Cane’s Seven Year Plan Projects AUV to Reach $8 Million and Store Count to Reach 1,500 Locations, the Company’s Growth Plan Would Put Systemwide Sales at $10 Billion
In Cooperation With ParaSell, Inc., A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934
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