•	Brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
•	Lease is signed by the corporate entity, Raising Cane’s Restaurants, LLC
•	The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, growing NOI and hedging against inflation
•	Raising Cane’s is an established, nationally recognized brand with over 800 locations and one of the fastest growing chains in the U.S.

Offering Memorandum

•	The subject property is near the signalized, hard corner intersection of State Hwy 153 and North Point Blvd, which average a combined 52,000 VPD
•	Gadd road and State Hwy 153 is also a significant and strategic intersection for traversing east and west in North Chattanooga
•	The subject property benefits from being situated along State Hwy 153 which has +/-4,000,000 SF of retail space along the retail road
•	The site is located directly across Towne Center Plaza, a 200,000+ SF shopping center, anchored by Ashley, Hobby Lobby, Staples, Dollar Tree, American Freight, and more
•	The asset is situated in a dense retail corridor, with numerous nearby national/credit tenants including Aldi, Target, Walmart Supercenter, Home Depot, Marshalls, Michaels, T.J. Maxx, and many more

Hixson, TN - Raising Cane's

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

Ivy Kwon

Senior Marketing Associate

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Hixson, TN - Raising Cane's

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Michael Berk

Patrick Nutt

William Wamble