323 William S Canning Blvd Fall River, MA 2721

The property is a new construction Raising Cane’s ground lease located at 323 William S Canning Boulevard in Fall River, Massachusetts. The new construction building consists of a 2,862 square foot building with two dedicated drive through lanes on a 1.10-acre corner parcel. Raising Cane’s has 14+ years remaining on their Absolute NNN Ground Lease with five (5), five-year renewal options. The Lease calls for attractive rent increases of 10% every five years throughout the base term and at the start of each renewal option period. The Raising Cane’s is situated at the signalized intersection of Newton Street and William S Canning Boulevard (MA Route 81), the area’s primary commercial corridor, and is 0.25 miles from the Fall River Expressway (MA Route 24). The Property features frontage and visibility and enjoys access to Interstate 195 as well as US Route 6. The Property is positioned in the center of a dense commercial area and is surrounded by national retailers and restaurants which drive traffic to the immediate area. Raising Cane’s is convenient to densely populated residential neighborhoods, area schools, St Anne’s Hospital, and Bally’s Tiverton, providing a built-in and captive customer base. Located along the eastern shore of Mount Hope Bay at the mouth of the Taunton River, Fall River sits approximately 50 miles south of Boston and 20 miles southeast of Providence, Rhode Island.