1360 Travis Blvd Fairfield, CA 94533

Listing agency Minh Tran, Broker p***@yahoo.com Show Phone

Listed by Minh Tran · License #01483565 Show Phone

Source Exprealty

Added: Jul 15, 2024 Updated: Jul 10 at 12:53PM Checked: Jul 20 at 8:03AM

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Investment Insights

Based on property information with market context.

A brand new Raising Cane's drive-through restaurant built in 2024 is available for sale. Located at Solano Town Center in Fairfield, California, this property features a corporate guarantee from a top QSR chain. Raising Cane's, with over 749 locations, is recognized as a highly profitable quick-service restaurant. This location incorporates the company's latest prototype design, including a dual-lane drive-thru for enhanced service speed and convenience. The property is structured with a long-term net lease, offering zero landlord responsibility. The prime lease term is 15 years, with three five-year options and one four-year renewal option. The lease includes 10% rental escalations every five years.

Key Highlights

• Brand new 2024 drive‑through Raising Cane's restaurant with a corporate guarantee.
• Long‑term 15‑year net lease with zero landlord responsibilities and multiple renewal options.
• Located within Solano Town Center in Fairfield, California.

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FAQs

What type of property is this?

Drive through restaurant - New Raising Cane's drive-through restaurant for sale in Fairfield, CA.

Where is this drive through restaurant located?

The property is located at 1360 Travis Blvd Fairfield, CA.

What is the asking price?

The asking price for this property is $2,900,000.

What are key features of this property?

This property features: Brand new 2024 drive‑through Raising Cane's restaurant with a corporate guarantee.; Long‑term 15‑year net lease with zero landlord responsibilities and multiple renewal options.; Located within Solano Town Center in Fairfield, California.