The Offering Concepts Highlights Location Map Tenant Lease & Rent Request OM
For sale · Retail net lease

2590 Beach Blvd · Biloxi, MS 39531

Raising Cane's
Biloxi.

A stabilized net-lease investment anchored by one of America's fastest-growing QSR brands, positioned on a high-traffic corridor adjacent to the #1 regional mall in Mississippi.

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Asking price CA$4.637M
Cap rate 5.75%
NOI CA$267,000
Asking price CA$4,637,000
Cap rate 5.75%
NOI CA$267,000
Lease term 1.8 yrs
Building ±3,477 sq ft

The offering

A stabilized, income-producing
net-lease asset.

This single-tenant retail property is leased to Raising Cane's Chicken Fingers, one of the fastest-growing restaurant chains in the United States. The asset offers investors predictable income with contractual rent escalations through four successive renewal options, each stepping rent up 10%.

Raising Cane's Biloxi exterior
±30K vehicles / day
Address2590 Beach Blvd
CityBiloxi, MS 39531
Asset typeSingle-tenant retail (NNN)
StructureFee simple
Building area±3,477 sq ft
Annual base rent$192,456
Term remaining≈1.8 years
Renewal options4 × 5-year (10% steps)
  • NNN lease — tenant covers taxes, insurance & maintenance
  • High-traffic US-90 frontage (±30,000 VPD)
  • Adjacent to Edgewater Mall — #1 regional mall in MS
  • 416,000+ residents within five-mile trade area
  • 10% rent escalations at each renewal option
  • Strong credit tenant — ~900 locations, $5B revenue
  • Fee-simple ownership — no ground lease
  • Gulf Coast tourism market with year-round demand
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Re-tenanting flexibility

One building.
Many futures.

Renders are illustrative only and do not represent confirmed tenants or commitments.

Investment highlights

Why this asset
stands out.

Location & demographics

Gulf Coast gateway.
Proven demand.

Aerial view of subject property and Edgewater Mall Aerial view — 2590 Beach Blvd at Edgewater Mall, Biloxi, MS
416K+ residents (5-mi radius)
$87K+ avg household income
30K vehicles per day (US-90)
4.2M+ annual mall visits

A trade area built for retail success

  • Direct frontage on US-90 (Beach Blvd), the primary east-west commercial corridor through Biloxi
  • Immediately adjacent to Edgewater Mall — the only regional mall within a 65-mile radius
  • Dense five-mile trade area with 416,000+ residents and average HHI above $87,000
  • Gulf Coast tourism destination with year-round visitor traffic from casinos, beaches, and entertainment
Raising Cane's front elevation
Subject property

Neighbourhood

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Tenant overview

Raising Cane's.
One Love. National scale.

Raising Cane's Chicken Fingers is a privately held, fast-casual restaurant chain founded in 1996 in Baton Rouge, Louisiana. The concept centres on a focused menu — chicken fingers, crinkle-cut fries, coleslaw, Texas toast, and the brand's signature Cane's Sauce — an approach that has fuelled consistent same-store sales growth and rapid unit expansion.

With nearly 900 locations across the United States and internationally, Raising Cane's generates approximately $5 billion in annual systemwide sales, making it the third-largest chicken chain by revenue in the U.S. The brand's operational discipline, cult-like customer loyalty, and aggressive growth trajectory position it as one of the strongest credit tenants in the QSR sector.

~900 locations
$5B annual sales
#3 US chicken chain
1996 founded

Lease & rent schedule

Built-in growth.
Predictable income.

Contact

Meet the team.
Get in touch.

Mohsin Mirza

Mohsin Mirza

Senior Vice President

JLL Capital Markets

mohsin.mirza@jll.com
Alex Geanakos

Alex Geanakos

Vice President

JLL Capital Markets

alex.geanakos@jll.com

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