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Raising Cane's | New 15yr Corp Abs NNN Ground 323 William S Canning Blvd

3,287 SF Retail Building Fall River, MA 02721 £4,098,871 (£1,247/SF) 4.40% Net Initial Yield

Investment Highlights

  • Brand New 15-Year Lease | Scheduled Rental Increases | Corporate Signed | Renowned QSR Chicken Brand
  • Signalized, Four Way Intersection | Surrounding Big Box Retailers | Across From SouthCoast Marketplace | Drive-Thru Equipped
  • Absolute NNN Ground Lease | Leased Fee Ownership |
  • Strong Demographics 5-Mile Trade Area

Executive Summary

Ground Lease, 15-year Absolute NNN lease with 5 (5-year) options to extend and 10% rental increases every 5 years. Lease to commence 7/2025.

Property Facts

Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,287 SF
Year Built
2025
Construction Status
Under Construction
Price
£4,098,871
Price Per SF
£1,247
Net Initial Yield
4.40%
NOI
£180,338
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
1.10 AC
Zoning
Commercial
Parking
29 Spaces (8.82 Spaces per 1,000 SF Leased)
Frontage
221 ft on William S Canning Bouleva

Amenities

  • Bus Route
  • Signalised Intersection

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Raising Cane's
  • Accommodation and Food Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Raising Cane's Accommodation and Food Services 99,999 SF - Lorem Ipsum Jan 0000
Walk Score ®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Tim Hortons
Denny's
ALDI
Starbucks
110 Grill
Market Basket
Crunch
Five Guys
Stop & Shop
Citizens Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
FALL-000006C-000000-000033
Land Assessment
£464,565
Improvements Assessment
£0
Total Assessment
£464,565
  • Listing ID: 34394641

  • Date on Market: 07/01/2025

  • Last Updated:

  • Address: 323 William S Canning Blvd, Fall River, MA 02721

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