1750 Olive Ave Burbank, CA 91506

This exceptional investment opportunity presents a leased fee interest (land ownership) in a freestanding Raising Cane's restaurant in Burbank, CA. The 3,119 square foot property, built in 2022, boasts a prime location on W. Olive Avenue, a major retail thoroughfare with over 30,300 vehicles passing daily. Its strategic placement near Interstate 5 (221,000 VPD) ensures high visibility and accessibility. The property benefits from a strong demographic profile, with a 5-mile trade area encompassing over 547,000 residents and 332,000 daytime employees, and a 1-mile trade area boasting an average household income of $152,066. Nearby national retailers include Walmart, Costco, Target, and the Burbank Town Center, further enhancing the property's appeal. The absolute NNN lease with Raising Cane's, a corporate-guaranteed tenant, has 11.7 years remaining, featuring 10% rent increases every 5 years, providing a hedge against inflation and consistent NOI growth of $385,000. The 0.52-acre lot is zoned C-2 Commercial Limited Business. This is a management-free investment opportunity with significant long-term growth potential in a thriving Los Angeles County market. The property features a drive-thru and is situated on a hard corner intersection with prominent monument signage. This represents a rare opportunity to acquire a high-performing QSR asset in a densely populated and affluent area, known as the "Media Capital of the World," with significant tourism traffic. The APN is 2444-011-017.