Offering Memorandum
Investment Sale
Raising Cane’s
3980 Rivertown Parkway SW
Grandville, Michigan
Grandville, Michigan
eCode:125i
Sales Price
$3,764,705
NOI
$160,000
Cap Rate
4.25%
Building Size
~4,000 SF
Lot Size
1.79 AC
Year Built
2026 — Brand New Construction
Zoning
C-4 Commercial Shopping Center District
Traffic Count
Rivertown Pkwy (28,900 CPD)
Wilson Ave SW (16,406 CPD)
Highlights
- Brand New Construction — Opening Fall 2026
- 15-Year Primary Term with 10% Rent Bumps Every Five Years
- Corporate-Owned Tenant
- 900+ Locations / $5.1B Annual Sales
- Zero Landlord Responsibilities — Ground Lease
- Pad Site to West Michigan’s Largest Mall at a Signalized Intersection
- Affluent, High-Density Trade Area in the Growing Grand Rapids MSA
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 6,955 | 55,420 | 140,450 |
| Household Income | $111,815 | $112,527 | $109,646 |
| Daytime Pop | 5,243 | 22,871 | 49,836 |
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