NNN Raising Cane’s – Acquisition

South, US


Funding Purpose

Tauro Capital was engaged on an exclusive basis to place a 41% LTV loan for the acquisition of a Raising Cane’s.

Property Description

The asset is a fully leased and stabilized NNN retail property on a busy street adjacent to a major highway with great visibility.


The Sponsor is an experienced investor with excellent finances, purchasing the property using 1031-exchange proceeds.


  • Up against 1031-exchange timeline.
  • Phase I company recommended Phase II.


  • Closed before 1031-exchange deadline.
  • Was able to call the next door tenant to get a report they had, and advise the Phase I company to recommend no further action.


  • Loan to Value: 41%
  • Interest Rate: 3.95%
  • Amortization: 30 years
  • Term: 10 years

Associate Director  | Capital Advisor