Description
• Scheduled to finish construction in the second quarter of 2026, operating on a 15-year absolute net corporateground lease.• 10% rental increases every five years, with five year renewal options at 10% increases.• Incredible lighted corner location on 164th St SW with 50,000+ vehicles per day, and only 1,000 feet from theI-5/164th St SW interchange, where traffic exceeds 180,000 vehicles daily.• The Property is adjacent to a Walmart location that welcomed 2.3M visits in the past year. Other nearby nationaltenants include Fred Meyer, Starbucks, Panda Express and Five Guys.• 380,000+ people within 5 miles of the Property, earning an average household income of $149,000.• There are currently over 900 Raising Cane’s locations in the U.S., with this being the only location currently li