7450 Chandler Blvd, Chandler, AZ 85226-3209

This exceptional investment presents a brand-new, 15-year absolute NNN ground lease for a Raising Cane's restaurant in Chandler, Arizona. Located at a high-traffic intersection (I-10 and Chandler Blvd, nearly 224,000 vehicles per day), this 3,181 square foot, single-story building boasts a double drive-thru and was constructed in 2024. The property sits on a 1.35-acre lot and benefits from a strong location near Intel's Chandler campus and a high-income, high-employment corridor. The lease includes 10% rent increases every five years throughout the primary term and five, five-year option periods, ensuring consistent income growth. The property's Net Operating Income (NOI) is $162,500, resulting in a 4.50% cap rate, and the asking price is $3,611,000 ($1,135.18 per square foot). This is a corporate ground lease with zero landlord responsibilities, offering a secure and passive investment opportunity in a thriving market. The property's APN is 301-84-118A. Raising Cane's is a top-performing quick-service restaurant (QSR) with significant growth potential. This investment offers a compelling combination of strong tenant, prime location, and favorable lease terms.