A newly constructed Raising Cane’s Chicken Fingers location in Anaheim has been bought for $5 million by an unnamed, Los Angeles-based investor, according to SRS Real Estate Partners and Hanley Investment Group.
The 3,233-square-foot Raising Cane’s with a drive-through at 223 S. Euclid Ave. is the newest to open in Orange County and among 453 units for the Louisiana-based chain in 27 states. While the property changed hands, the lease and business continue as usual at the popular fried-chicken eatery.
The restaurant, which opened Aug. 27, is known for its single entree: fried chicken fingers. Sides include fries, Texas toast and coleslaw. The eatery often attracts long lines in its drive-through.
Hanley Investment Group’s executive vice presidents Bill Asher and Jeremy McChesney, represented the buyer. SRS Real Estate Partners’ National Net Lease Group’s managing principal Patrick Luther and Matthew Mousavi, managing principal and co-founder of the SRS National Net Lease Group, represented the seller, Calbay Development LLC of Manhattan Beach.