40291 Archives | Sands Investment Group

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 With ±10 Years Remaining
Rare Fee Simple Lease Structure Allows For Building Depreciation
Raising Cane’s Corporate Purchased This Location From a Franchisee in December of 2020
Raising Cane’s Has an Average Unit Sales (AUV) Exceeding $5.44 Million in 2023, Expected to Surpass $6 Million in 2024
Positioned at a Signalized Corner on Bardstown Road, a Major Thoroughfare in Louisville, This Site is a High-Performing Location With Over 41,400 Vehicles Passing Daily, Ensuring Excellent Visibility
Less Than 0.5-Miles From Interstate 265, Making it Ideal For Commuters
Situated in a Strong Retail Corridor, Surrounded By National Retailers Like Walmart, Kroger and Walgreens
Louisville is Kentucky’s Largest City, With a Growing Metro Population of 1.3 Million
Raising Cane’s is Rapidly Expanding, Opening Over 100 Locations in 2023 and on Pace to Add Another 100 in 2024
The Company Has Around 800 Locations Globally, Generating Over $4 Billion in Sales; The Seven-Year Plan Aims For AUV of $8 Million and 1,500 Locations, Targeting $10 Billion in System Wide Sales

In Cooperation With ParaSell, Inc., A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934

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