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Raising Cane’s Drive-Through Restaurant

3638 E Franklin Blvd, Gastonia, NC 28056

For Sale
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A 15-year absolute NNN ground lease is backed by a corporate guaranty and scheduled rent increases.

Property SizeContact for details
Days on Market27

Property Features for 3638 E Franklin Blvd

General Information

Standard status Active
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 40,500 vehicles/day

Additional Details

Tenant in Place Yes

Building Details

Year Built 2026
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Oct 14 Changed: Nov 8 Last Checked: Nov 8 at 2:23PM

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 Atlantic Capital Partners

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Investment Insights

Based on property information with market context.

This freestanding Raising Cane’s drive-through restaurant was constructed in 2026 at 3638 E Franklin Blvd in Gastonia. The property is subject to a 15-year absolute NNN ground lease with a full corporate guaranty from Raising Cane’s Restaurants, L.L.C. Rent increases by 10% every five years during the initial term and option periods; ownership includes the underlying real estate.

The restaurant fronts East Franklin Boulevard, where the stated traffic volume is 40,500 vehicles per day. Nearby retail operators identified in the property information include Lowe’s, Sam’s Club and Kohl’s. The five-mile trade area has 115,711 residents, and average household income within one mile exceeds $124,000. Gastonia is approximately 16 miles west of Charlotte, within the Charlotte–Concord–Gastonia MSA, which has 2.6 million residents.

Key Highlights

  • Freestanding Raising Cane’s drive‑through restaurant, constructed in 2026
  • 15‑year absolute NNN ground lease with full corporate guaranty
  • Rent increases of 10% every five years during the primary term and option periods

Property Analytics

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Open Analytics

Current Use

Wild Wing Cafe Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom HVAC Service Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40,500 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby
406k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 29% Dining 27% Shops & Services 22% Apparel 15%
Sam's Club Superstores
117,878 visits/mo 0.3 miles
Bubba's 33 Dining
36,545 visits/mo 0.4 miles
Burlington Apparel
25,322 visits/mo 0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings Dining
25,195 visits/mo 0.3 miles
Aldi Groceries
21,861 visits/mo 0.5 miles

Demographics for 28056, NC

34,332
Population
14,415
Households
2.4
Avg Household Size
42
Median Age
33%
College-Educated
90%
High-School Grad
48.3 sq mi
ZIP Area
711
Density / Sq Mi
$90,422
Median Household Income
$48,531
Median Earnings
$1,097
Median Rent
$283,800
Median Home Value
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - A 15-year absolute NNN ground lease is backed by a corporate guaranty and scheduled rent increases.
Where is this drive through restaurant located?
The property is located at 3638 E Franklin Blvd Gastonia, NC.
What is the asking price?
The asking price for this property is $5,222,000.
What are key features of this property?
This property features: Freestanding Raising Cane’s drive‑through restaurant, constructed in 2026; 15‑year absolute NNN ground lease with full corporate guaranty; Rent increases of 10% every five years during the primary term and option periods
(704) 375-7771 · Office Call to check price and availability
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