Freestanding Raising Cane's
3820 Race Rd, Cincinnati, OH 45211
For Sale
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Single-tenant Raising Cane's with drive-thru in Cincinnati, Ohio.
Property Size2,851 SF
Lot Size1.27 Acres
Price / SF$1,143
Days on Market236
Property Features for 3820 Race Rd
General Information
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Building Details
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Listing Agency:
Lee & Associates San Diego - Carlsbad
Listed By:
Ryan Bennett · License CA #01826517
(760) 519-0240
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Jul 28 at 11:00AM
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 Lee & Associates San Diego - Carlsbad
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Investment Insights
Based on property information with market context.
This property features a single-tenant Raising Cane’s restaurant at 3820 Race Road in Cincinnati, Ohio. Constructed in 2019, the 2,851 square foot freestanding quick service restaurant includes a drive-thru and is situated on a 1.27-acre parcel. The property is leased to Raising Cane’s Restaurants, LLC under a corporate guaranteed absolute NNN lease. The lease has approximately 7.8 years of remaining term, with 5% rental increases throughout the primary term and 10% increases in each of the five renewal options. The property is positioned at the signalized intersection of Race Road and Bridgetown Road, within a retail corridor anchored by national tenants including Kroger, Target, Walmart, Home Depot, and Lowe’s. Traffic counts exceed 30,000 vehicles per day. The surrounding area has a residential population of over 212,000 people within a five-mile radius, with average household incomes exceeding $92,000. Located 12 miles from downtown Cincinnati, the property is within a metro of over 2.3 million residents.
Key Highlights
- Absolute NNN lease with corporate guarantee from Raising Cane's Restaurants, LLC, offering passive ownership.
- Approximately 7.8 years of remaining lease term with attractive rental increases.
- Top‑performing Raising Cane's location: most visited within a 10‑mile radius.
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Location Intelligence
Trade Area within ½ mile
691
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Demographics for 45211, OH
37,868
Population
17,169
Households
2.2
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
9.0 sq mi
ZIP Area
4,208
Density / Sq Mi
$54,582
Median Household Income
$39,788
Median Earnings
$915
Median Rent
$156,600
Median Home Value
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Vacancy Rate% for Retail in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Single-tenant Raising Cane's with drive-thru in Cincinnati, Ohio.
Where is this drive through restaurant located?
The property is located at 3820 Race Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $3,260,000.
What are key features of this property?
This property features: Absolute NNN lease with corporate guarantee from Raising Cane's Restaurants, LLC, offering passive ownership.; Approximately 7.8 years of remaining lease term with attractive rental increases.; Top‑performing Raising Cane's location: most visited within a 10‑mile radius.
