Property summary
This exceptional investment opportunity presents a 3,660 square foot Raising Cane's restaurant in Corona, CA, built in 2022. The property sits on a 1.29-acre lot with 56 parking spaces and boasts a double drive-thru lane. This is a triple-net (NNN) ground lease with a corporate guarantee from Raising Cane's, one of the fastest-growing restaurant brands, offering a passive investment with minimal landlord responsibilities. The current lease, expiring September 30, 2036, has a remaining term… of 11.9 years, with lease options available. The property benefits from a 10% rent increase every five years, starting in 2026, resulting in an average cap rate of 4.78% over the initial lease term. The asking price is $6,823,000, with a current NOI of $290,000 and a 4.25% cap rate. The property is strategically located in a high-traffic area with strong demographics, near major freeways (91 and 15), and surrounded by numerous shopping centers and residential communities, including several luxury apartment complexes. This prime location within a thriving retail corridor in the Inland Empire offers significant long-term growth potential. The property's APN is 122-061-009. The location is minutes from major freeways and adjacent to Orange County, providing easy access to a large consumer base. Nearby national retailers include Target, Walgreens, Costco, and many others. The Inland Empire's robust economy, driven by manufacturing, distribution, and logistics, further enhances the investment's appeal.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 3,486 SF
- Lot area
- 1.55 ac
- Year built
- 2022
- Stories
- 1
- APN
- 122-061-009
- Assessed value · 2024
- $4,509,834
- Annual tax · 2024
- $86,202
- Neighborhood: Shopping Center
- Restaurant · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Cap Rate Calculation
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- Alternative use
- Local Zoning Insight
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