Raising Cane’s NNN Restaurant
20 NW Burnside Road, Gresham, OR 97030
For Sale
New
$7,700,000
The leased fee interest is covered by an absolute NNN lease with a corporate guarantee from the restaurant operator.
Property Size3,330 SF
Days on Market2
Property Features for 20 NW Burnside Road
General Information
Standard status
Size
Property subtype
Zoning
Occupancy
Site & Location
Neighborhood
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
SRS Real Estate Partners - Global Company
Listed By:
Patrick Luther · License OR #01912215
(480) 221-4221
Source:
Srsre
Added: Nov 12
Last Checked: Nov 12 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners - Global Company
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Raising Cane’s restaurant property in Gresham, Oregon, is offered as a leased fee interest, representing ownership of the land. The building was constructed in 2026 and is subject to an absolute NNN lease guaranteed by Raising Cane’s Restaurants, LLC.
The lease has a 15-year initial term and four 5-year extension options. Rental increases occur every five years during the initial term and at the start of each option period. The property is zoned DCL - Downtown Commercial Low-Rise.
The lease has a 15-year initial term and four 5-year extension options. Rental increases occur every five years during the initial term and at the start of each option period. The property is zoned DCL - Downtown Commercial Low-Rise.
Key Highlights
- Leased fee interest in a Raising Cane’s restaurant property
- Absolute NNN lease guaranteed by Raising Cane’s Restaurants, LLC
- 15‑year initial lease term with four 5‑year extension options
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valvoline Instant Oil Change
Shops & Services
1,804 visits/mo
0.4 miles
Demographics for 97030, OR
39,492
Population
16,500
Households
2.4
Avg Household Size
37
Median Age
21%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
5,266
Density / Sq Mi
$61,793
Median Household Income
$40,352
Median Earnings
$1,604
Median Rent
$418,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for NNN properties in Multnomah County, OR
Properties on Market for NNN properties in Multnomah County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
NNN property - The leased fee interest is covered by an absolute NNN lease with a corporate guarantee from the restaurant operator.
Where is this nnn property located?
The property is located at 20 NW Burnside Road Gresham, OR.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Leased fee interest in a Raising Cane’s restaurant property; Absolute NNN lease guaranteed by Raising Cane’s Restaurants, LLC; 15‑year initial lease term with four 5‑year extension options
