Raising Cane's

12040 Pioneers Way, Orlando, FL 32832

Description Colliers, as exclusive broker, is pleased to offer the opportunity to acquire a single tenant, newly-constructed Raising Canes (the Property) in the nations only region experiencing hyper-growth greater than 40% over the next 5 years with 49,000 high-income residents in 3 miles. Lake Nona Medical City and Lake Nona Town Center are incredible employment centers that generate high-paying jobs and an irreplaceable quality of life. The area has an immediate connection to the 7th busiest airport in the world in the most visited travel destination in the nation and is a major contributor to Orlandos status as the #2 job market in the country. Raising Canes sits along Narcoossee Road (38,000 VPD) only half a mile from Orlandos massive eastern beltway (SR-417: 65,000 VPD). Narcoossee Road is exponentially busier than any surface road in the area and 954 high-end apartments are within a 10-minute walk from Raising Canes. Highlights #1 market in the nation between population growth and incomes. Population is projected to grow 43.5% over the next 5 years and average HH incomes are $146,973. New 15-year ground lease with 10% rent increases every 5 years. No landlord management required. Raising Canes has over 700 restaurants in 37 states and is headquartered in Baton Rouge, LA. This location serves Lake Nona and 954 new apartments within a 10-minute walk. With the #2 job growth market in the nation, 1,100 residents move to Orlando every week. The 7th busiest airport in the world is 15 minutes away (MCO). Florida welcomed 104 million visitors in 2022 and Orlando is the #1 meeting spot in North America. Florida is the #2 state for business and #4 best tax climate. Lake Nonas Medical City is home to top healthcare, research, and university facilities. Lake Nona is a golf sanctuary and the tennis capital of America with pro facilities open 364 days a year.

Contact

Broker or Owner Contact
Michael Brewster
,
Phone: (407) 602-3166
ED Contact
Robert Collins
Orlando Utilities Commission
100 W Anderson St
Orlando, FL 32801
Phone: (407) 423-9100
rcollins@ouc.com

Building

Property ID 887
Building Size 3181
Site Size (acres)
Zoning
Year Built
Number of Drive-In Doors
Number of Dock-In Doors
Clearance Height
Drive-in Doors no
Sprinklered no
Parking Ratio 0
Updated
Number of Parking Spaces
Parking no
HVAC

Pricing

For Sale yes
Sale Price 4375000
For Lease no
Lease Type
Lease Cost 0

Geographic and Infrastructure

Latitude 28.3915529
Longitude -81.2437467
County Orange County
Rail Access no

Utilities

Service to Property no
Electric Provider
Gas On Site no
Gas Provider
Water On Site no
Water Provider
Fiber Optics no
Telecom on Site no
Sewer On Site no
Sewer provider