Marcus & Millichap is pleased to present the exclusive offering of a brand-new, two-property net lease portfolio featuring Raising Cane's and Starbucks in Fairfield, New Jersey. Strategically positioned along heavily traveled US-46 in one of Northern New Jersey's premier retail corridors, the portfolio is 100% occupied by nationally recognized corporate tenants with long-term lease commitments and scheduled rental increases. Investors have the opportunity to acquire the assets together as a portfolio or individually, providing flexibility to meet a variety of investment objectives.
NEW CONSTRUCTION PROTOTYPE W/ DRIVE-THRUS | 3.30-ACRE LOT
• Purpose-built, brand-new Raising Cane’s on a 1.45-acre lot and Starbucks on a 1.85-acre lot, purpose-designed for drive-thru throughput and operational efficiency
STRONG CORPORATE GUARANTEES | MINIMAL LANDLORD
RESPONSIBILITIES | PASSIVE INVESTMENT
• Raising Cane’s: True NNN Ground lease structure with zero landlord responsibilities
• Starbucks: NN lease structure – Landlord responsible for roof/structure
RAISING CANE’S | ONE OF THE FASTEST-GROWING QSR BRANDS IN THE U.S.
• Raising Cane’s operates 900+ locations nationwide and continues rapid expansion, with 100+ new units planned for 2026
HEALTHY RENT-TO-SALES RATIO | PROVEN UNIT ECONOMICS
• Raising Cane’s operates at an average of $6.6M in sales per location, yielding a potential healthy 4.2% rent-to-sales ratio at this site
PRIME RETAIL CORRIDOR | BEST-IN-CLASS LOCATION
Positioned adjacent to: (ranked by annual visitors in the state of NJ)
EXCEPTIONAL HIGHWAY ACCESS & VISIBILITY | ROUTE 46
DENSE & AFFLUENT TRADE AREA | GROWTH MARKET
ATTRACTIVE INFLATION HEDGE | 10% RENTAL BUMPS EVERY 5 YEARS
LONG-TERM INCOME STABILITY
• Raising Cane’s: 14+ Years Remaining
• Starbucks: 9+ Years Remaining
• Significant lease term remaining providing long-term
predictable income
License #: PA: RS336064, NJ: 1863254
(215) 531-7056mark.krantz@marcusmillichap.com