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Monday, July 9, 2018

Raising Canes Coming to Cold Spring?

Construction crews are preparing the ground in Cold Spring at 3614 Alexandria Pike for a new retail tenant. Crews were near the southern exit point of County Square Plaza on Martha Layne Collins Boulevard, next to US Bank to survey.

Sources close to the situation have identified Raising Canes's as the tenant that could be moving in.

The Campbell County Property Value Administrator's records indicate a purchase of the property in May of this year for $865,000 by Cold Spring Real Estate Holdings LLC, a company formed in March of this year by Joseph Crocker, the CEO and President of RealCo Enterprises based out of Columbus, Ohio.

RELATED: Brandon Voelker: What Franchises Could Be Coming to Cold Spring? (Dec. 2017)

The property, which is 1.42 acres, was purchased for $340,000 in 2015 representing an increase of $525,000 in the property's sale price in less than three years time.

Raising Cane's Chicken Fingers, commonly known as Cane’s, is a fast-food restaurant chain specializing in chicken fingers, that was founded in Baton Rouge, Louisiana on August 26, 1996. With close to 300 locations, including in Florence, Norwood and Clifton, Cane's

A call to their corporate office has not been returned at the time of this publishing.

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