Raising Cane's NNN
For Sale
Contact for pricing
2450 US-34, Oswego, IL 60543
Absolute NNN ground lease with scheduled December opening and periodic rent increases.
Property SizeContact for details
Days on Market145
Property Features for 2450 US-34
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Newmark | Orange County - Irvine
Listed By:
Karick Brown · License #02071955
(949) 608-2175
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 3:03PM
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 Newmark | Orange County - Irvine
Investment Insights
Based on property information with market context.
Raising Cane's is being developed at 2450 US-34 in Oswego, Illinois, with construction underway and an opening planned for December. The property is structured under an absolute NNN ground lease with a 15-year term, placing the asset within a long-duration leased commercial format.
Contractual rent increases occur at five-year intervals, with each adjustment set at 10%. The combination of the named occupant, ground lease structure, lease duration, and scheduled opening defines the property's current commercial profile.
Contractual rent increases occur at five-year intervals, with each adjustment set at 10%. The combination of the named occupant, ground lease structure, lease duration, and scheduled opening defines the property's current commercial profile.
Key Highlights
- Raising Cane's property under construction at 2450 US‑34, Oswego, IL 60543
- 15‑year absolute NNN ground lease
- 10% rent increases every 5 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
Explore this area
Business Placement
Demographics for 60543, IL
40,299
Population
14,327
Households
2.8
Avg Household Size
37
Median Age
42%
College-Educated
94%
High-School Grad
41.9 sq mi
ZIP Area
962
Density / Sq Mi
$116,507
Median Household Income
$54,783
Median Earnings
$1,558
Median Rent
$319,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN ground lease with scheduled December opening and periodic rent increases.
Where is this nnn property located?
The property is located at 2450 US-34 Oswego, IL.
What are key features of this property?
This property features: Raising Cane's property under construction at 2450 US‑34, Oswego, IL 60543; 15‑year absolute NNN ground lease; 10% rent increases every 5 years
