Raising Canes Ground Lease Brandnew… — Sale in El Centro, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: El Centro, CA 92243
Investment Figures
- Cap rate
- 4.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
This offering presents the opportunity to acquire a brand-new, corporate-guaranteed Raising Cane’s ground lease located at 2299 N Imperial Avenue in El Centro, California, featuring a newly constructed 2,846 square foot double drive-thru on a 0.92-acre outparcel to a Target- and Lowe’s-anchored shopping center with exceptional visibility and access within the region’s dominant retail corridor. The asset is secured by a 15-year absolute NNN lease with zero landlord responsibilities, generating $215,000 in net operating income with 10% rental increases every five years, providing predictable, passive income growth. Backed by one of the fastest-growing and highest-performing quick-service restaurant brands in the U.S., this investment combines strong real estate fundamentals, a high-credit tenant, and long-term stability in a primary commercial hub serving both the Imperial Valley and cross-border consumer base. Investment Highlights: • Zero landlord responsibility with a corporate-backed lease structure, providing fully passive, management-free income with no exposure to operating expenses or capital expenditures. • Newly developed, best-in-class construction with a modern double drive-thru design, minimizing near-term capital risk and appealing to long-term net lease investors. • $215,000 NOI with 10% rental increases every five years, providing predictable income growth and an attractive long-term hedge against inflation. • Strategically located as an outparcel to a Target- and Lowe's-anchored shopping center, offering exceptional visibility, strong traffic drivers, and positioning within El Centro's primary retail hub.
Market Context
This retail in El Centro, CA is listed for sale. It is offered at an approximate 4.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 86 days. Compare it against other retail listings for sale in El Centro, CA — view the full market.
Contact
- Adam Attia · (949) 419-3290 · adam.attia@marcusmillichap.com
- Wyatt Murrell · (949) 419-3384 · wyatt.murrell@marcusmillichap.com
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