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Commercial For sale Retail Restaurant

Raising Cane’s | Corporate Abs-NNN Lease | High Performing Location

3820 Race Road, Cincinnati, Ohio 45211

$3,165,000
$1,110 / sq ft 5.15% cap rate Listed Jul 29, 2026
2,851 sqft
Building
1 acres
Lot
2019
Built
1
Stories
1
Units
Class B
Class

About this property

Raising Cane’s | Corporate Abs-NNN Lease | High Performing Location is a retail for sale in Cincinnati, Ohio, listed at $3,165,000. Key details: year built 2019, building size 2,851 sqft, lot size 1 acres, stories 1. Listed by Ryan Bennett of NNN Investment Group on LoopingCloud and last updated October 20, 2026.

Exceptional Single-Tenant Absolute NNN Investment in Cincinnati, Ohio

This prime real estate offering represents the exclusive opportunity to acquire a fee-simple interest in a freestanding, single-tenant Raising Cane’s located at 3820 Race Road in Cincinnati, Ohio. Constructed in 2019, the modern 2,851-square-foot quick-service restaurant (QSR) features a high-throughput drive-thru and sits on a generous 1.27-acre parcel. The property is 100% leased to Raising Cane’s Restaurants, LLC under a corporate-guaranteed Absolute NNN lease, providing commercial real estate investors with true passive ownership and zero landlord responsibilities.

Flagship Corporate Credit Tenant & Top-Performing Location

Raising Cane’s is one of the fastest-growing and highest-grossing QSR brands in the nation, boasting nearly 1,000 locations nationwide and over $5 billion in annual systemwide sales.

This specific site represents an elite operational asset within the network:

  • Top-Ranked Store Performance: Ranks as the #1 most-visited Raising Cane’s within a 10-mile radius, driving immense foot traffic and brand equity in the submarket.

  • Low Rent-to-Sales Ratio: Features a highly healthy rent-to-sales metric, ensuring long-term tenant profitability, operational stability, and strong store-level revenue.

Inflation-Protected Cash Flow & Long-Term Lease Structure

Structured for steady income growth and wealth preservation, the existing lease terms provide:

  • ~7.8 Years Remaining on the primary lease term.

  • 5% Rental Increases continuing throughout the primary term.

  • 10% Rental Increases in each of the five 5-year renewal options, providing investors with an ongoing hedge against inflation.

  • Zero Landlord Obligations: Under the Absolute NNN structure, the tenant manages and pays for all real estate taxes, insurance, building maintenance, roof, and structure.

High-Visibility Signalized Corner in a Dense Retail Corridor

The property is strategically situated at the hard, signalized intersection of Race Road and Bridgetown Road, commanding exceptional visibility and effortless ingress/egress. Combined daily traffic counts at this intersection exceed 30,000 vehicles per day.

The site sits in the heart of a dominant regional retail corridor surrounded by elite national anchors:

  • Major Retail Anchors: Kroger, Target, Walmart Supercenter, The Home Depot, and Lowe’s.

  • Continuous Consumer Draw: Nestled among high-volume daily-needs shopping centers that draw shoppers from across the west Cincinnati trade area.

Dominant Suburban Demographics & Strong Economic Drivers

Located just 12 miles from downtown Cincinnati, the property benefits from a dense, mature suburban demographic base within a metropolitan area of over 2.3 million residents:

  • 5-Mile Population: Over 212,000 residents reside within a 5-mile radius.

  • Affluent Household Incomes: Average annual household income within five miles exceeds $92,000.

Supported by strong real estate fundamentals, high-volume store sales, corporate credit, and zero landlord duties, this Raising Cane’s asset stands out as a premier net-leased investment in a resilient Midwest market.

Key highlights

  • Occupied
  • Net Lease Investment
  • APN 550-0121-0688
  • Tenancy Single
  • Brand/Tenant Raising Cane's
  • Lease Type Absolute NNN
  • Lease Term 15
  • Lease Expiration 01/31/2034
  • Remaining Term 7.5
  • Rent Bumps Yes

Lending Opportunities

Connect with a mortgage professional to explore financing options and see what you may qualify for.

CompanyLender typeContactPhone
TheLoanProsTeam Mortgage Broker Roxanne Chung (754) 707-5877
Money Solutions, LLC Mortgage Broker Jennifer A. Judice (813) 431-5000

Property details

Key facts

Year Built
2019
Building Size
2,851 sqft
Lot Size
1 acres
Stories
1
Total Units
1
Building Class
Class B
Occupied
Yes
Occupancy
100%
Property Status
Normal Sale
Building Status
Existing
Net Lease Investment
Yes

Pricing details

Net Operating Income
$163,000
Financing
Third Party Financing
Investment Property
Active investment property
Business Available for Sale
Yes
Business Price Included
Yes

Investment snapshot

5.15%
Cap rate
$163,000
Net operating income
$1,110
Price per sq ft

Actual - Cash Flow

Source: Yearly tax returns

Gross incomeNet operating income
$0$50K$100K$150K$200KGross income -Net operating income $163,0002026
YearGross incomeEffective grossExpensesNOIPre-tax cash flowCap rate
2026---$163,000--

Acquisition options

OptionAsking priceCap rateCommissionMonthly incomeOwnership
Purchase Only $3,165,000 5.15% - - -

Features and amenities

Property Features

  • APN: 550-0121-0688
  • Tenancy: Single
  • Brand/Tenant: Raising Cane's
  • Lease Type: Absolute NNN
  • Lease Term: 15
  • Lease Expiration: 01/31/2034
  • Remaining Term: 7.5
  • Rent Bumps: Yes
  • Lease Options: (5) - 5 Year
  • Lease Commencement: 01/30/2019

Highlights

  • Corporate Raising Cane’s Lease – Established Brand – 15-Year Lease – 850+ Locations Across 43 States
  • Absolute NNN Lease – Zero Landlord Responsibilities – Scheduled Rent Increases
  • Strong-Performing Location – 2.9% Rent-to-Sales Ratio – #1 Visited Raising Cane’s Location in 10-mile radius (Source: Placer.ai)
  • High-Density Retail Corridor Along Race Road/Glenway Ave – Hard Corner Signalized Intersection – Surrounded by Shopping Centers, Hospitals, and Schools
  • Strong Population Density in Cincinnati MSA – 5-Mile Population over 212,000 – Proximity to Cincinnati/Northern Kentucky International Airport and Downtown Cincinnati

Location

Address as shown by the lister.

Get directions

About this area - Cincinnati

Population
38,441
Housing units
18,074
Land area
9.2 sq mi
County
Hamilton

Neighborhood

Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.

Documents, links and contacts

Property documents

1 file to download

Additional contacts

2 people to reach
  • Drew Olson - dolson@lee-associates.comAssociate CalDRE #02049653 (760) 448-1372
  • Jake Neufeld - jneufeld@lee-associates.comAssociate - License #02205115 (760) 846-4888

Frequently asked questions

What is the asking price of Raising Cane’s | Corporate Abs-NNN Lease | High Performing Location?

Raising Cane’s | Corporate Abs-NNN Lease | High Performing Location is listed at $3,165,000. That works out to about $1,110 per square foot. The stated cap rate is 5.15%.

Where is Raising Cane’s | Corporate Abs-NNN Lease | High Performing Location located?

The property is in 3820 Race Road, Cincinnati, Ohio 45211, Hamilton County.

What type of property is this?

This is a retail for sale in the commercial category.

How big is the property?

The building is 2,851 sqft. The lot is 1 acres.

Is financing available?

The lister indicates: Third Party Financing.

Who do I contact about this listing?

Ryan Bennett of NNN Investment Group listed this property. Use the Request Info button to send a message or call (760) 448-2449.

When was this listing published?

It was published on July 29, 2026 and last updated on October 20, 2026.

Listing information

Listing ID
CL-Ohio-28113
Published
Jul 29, 2026
Last updated
Oct 20, 2026

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Disclaimer: LoopingCloud is a social listing portal that connects real estate professionals, service providers, buyers, and sellers. All property information, descriptions, availability, financial details, and any offerings are provided by the respective lister or service provider and are not independently verified by LoopingCloud.

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