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    323 William S Canning Blvd Fall River, MA 02721

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    For Sale
    $4,639,000

    NNN leased Raising Cane's with long-term lease and rental increases.

    Property size:
    3,287 SF
    Lot size:
    0.92 Acres

    Property Features for 323 William S Canning Blvd

    General Information

    Size
    3,287 SF
    Lot size
    0.92 Acres

    Source: SRS Real Estate Partners | New York Agent Britt Raymond

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Raising Cane's Investment Opportunity

    This property is leased to Raising Cane's, a well-known and established QSR chicken brand founded in 1996. Raising Cane's Restaurants, LLC, signed a brand new 15-year lease with 5 (5-year) options to extend. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period. Raising Cane’s has more than 700 restaurants around the world and several new restaurants in development. The brand has experienced 62 straight quarters of positive same-store sales, and AUV has more than doubled since 2015. The property is located at 323 William S Canning Blvd, Fall River, MA and has a property size of 3287 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diane Kuriscak Pharmacy Norman Bolski Pharmacy higi Health Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fall River
    County
    Bristol
    State
    Massachusetts
    Longitude
    -71.16144
    Latitude
    41.67301

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    FAQs

    What type of property is this?
    Drive through restaurant - NNN leased Raising Cane's with long-term lease and rental increases.
    Where is this drive through restaurant located?
    The property is located at 323 William S Canning Blvd Fall River, MA.
    What is the asking price?
    The asking price for this property is $4,639,000.
    What are key features of this property?
    This property features: - Brand new 15-year lease with Raising Cane's, a well-known and established QSR chicken brand.; - Corporate lease signed by Raising Cane's Restaurants, LLC.; - Lease includes 10% rental increases every 5 years, providing a hedge against inflation.
    (704) 517-4712
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    323 William S Canning Blvd Fall River, MA 02721
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