New Construction | 15-Year Ground Lease | Scheduled Rent Increases.
Raising Cane’s Corporate signed lease.
New 2026 high-end construction.
15 years remaining with 3 (5-year) and 1 (4-year) option periods to extend.
The lease features 10% rent increases every 5 years throughout the initial term and option periods providing a hedge against inflation. 

Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities.
Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
No landlord responsibilities.
Ideal, management-free investment for a passive investor.

Strong National Brand | Nationally Ranked.
Raising Cane’s was founded in 1994 and has since expanded to ~950 locations in 45 states
Ranked #16 on QSR Magazine’s 2025 release of its top 50 restaurants based on US system-wide sales, and #3 in the Chicken category.

Strategic Location | Robust Traffic | Highly Desirable In-fill San Diego Market.
Strategically located at the signalized intersection of Broadway and Buena Vista Avenue in Lemon Grove, in a densely populated area surrounded by strong national retail tenants with excellent access and visibility.
A combined 34,200 cars pass by the site at this intersection on average every day.
Situated 1 block south of Highway 94 (148,000 VPD).
Rare opportunity to acquire retail property in the San Diego MSA within a dense, infill trade area with significant barriers to entry.

Affluent, Direct Consumer Base | Strong Demographics In the Immediate Trade Area.
The 5-mile trade area is supported by more than 514,000 residents and 114,000 employees, providing a direct consumer base from which to draw.
Affluent trade area with an average household income over $119,000 within 1-mile, projected to increase to over $132,000 by 2030.

Local Traffic Drivers.
Across Broadway from Home Depot (ranked in the top 2% nationwide in terms of customer visits by placer.AI) and Food 4 Less (ranked in the top 26% nationwide).
1 miles south of Helix High School (2,544 students).
2.5 miles north of Mount Miguel High School (1,506 students).

Lemon Grove CA - Raising Cane's

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<p>Suzy Hughes joined SRS in 2024 as a Marketing Associate for the Capital Markets team. She develops marketing brochures, proposals, and email marketing campaigns. Before joining SRS, Suzy was a real estate agent at eXp Realty where she created and deployed marketing materials and provided expert market analysis for her clients. Suzy also has graphic design experience working for Petco, Charlotte Russe, Papyrus, lucy, Levi Strauss &amp; Co., and Sephora. Suzy has a bachelor’s degree in design and applied arts from San Francisco State University and is a licensed real estate broker in California. </p>

Investment Offering

Lemon Grove CA - Raising Cane's

Description

Documents & Links

Contact

Chuck Klein

Robert Donnell

Andrew Peterson