Raising Cane’s

Raising Cane’s Chicken Fingers is a fast-food restaurant chain specializing in chicken fingers, that was founded in Baton Rouge, Louisiana by Todd Graves and Craig Silvey on August 26, 1996. While company headquarters remain in Louisiana, a second restaurant support office was opened in Plano, Texas in 2009.

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S&P Rating: N/R
Moody Rating: N/R

Positives:

  • Smaller chain on a growing trend
  • NNN lease eliminates landlord responsibilities
  • Typically Long term leases with increases

Negatives:

  • Currently Not Rated
  • Competitive Industry Sector
  • Susceptible to economic trends and pressures

Market Snapshots:

On Market Ranges:

# of Properties in set: 5

Price: $3,859,660 - $4,717,360Average: $4,288,508

PPSF: $1220 - $1360Average: $1280

Year Built: 1945 - 2018Average: 2002

CAP Rate Range: 4.82% - 5.43%Average: 5.12%

Size range: 2,722 sq ft - 3,935 sq ft Average: 3,357 sq ft

Last 12 Month Range:

# of Properties in set: 13

Price: $3,564,770 - $4,198,510Average: $3,960,856

PPSF: $1057 - $1460Average: $1259

Year Built: 1945 - 2017Average: 2004

CAP Rate Range: 5.27% - 6.46%Average: 5.67%

Size range: 2,722 sq ft - 3,699 sq ft Average: 3,218 sq ft

Raising Cane’s Company Profile

Headquarters Information

Baton Rouge, Louisiana

Founded in 1996

Sector: Services

Industry: Fast food restaurant

S&P Rating: N/R
S&P Rating: N/R
No stock information is available for this tenant.
No news available for this tenant.

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