Shopping Strip
Panera & Aspen Dental | Rent Increases in 2025
140 Turnersburg Hwy, Statesville, NC 28625
Listing Price: $5,351,000
Investment Overview
Marcus & Millichap is pleased to present Panera & Aspen Dental in Statesville, North Carolina. Panera Bread Company is a national bakery-café concept with company-owned and franchise-operated bakery-café locations in 46 states, the District of Columbia, and Ontario, Canada. Aspen Dental Management, Inc. (“ADMI”) provides administrative and business support services to Aspen Dental branded dental practices. Each Aspen Dental branded practice is owned and operated by a licensed dentist. Statesville, located in Iredell County, North Carolina, is situated in the western part of North Carolina, approximately 40 miles north of Charlotte. With a population of 28,419 according to the 2020 census, Statesville offers a balance between small-town charm and convenient access to larger urban centers.
Panera & Aspen Dental | Rent Increases in 2025
Investment Highlights
- 12 Plus Years Remaining on Lease Term with Panera Bread Franchisee, the Largest Panera Franchisee with 300 Plus Locations
- Seven Years Remaining on Corporate Lease with Aspen Dental and Two Years Remaining on Corporate Lease with Wells Fargo
- High-Quality Construction with Drive-Thru and Minimal Landlord Responsibilities
- Hard-Corner Location at Signalized Intersection of Glenway Drive and Turnersburg Highway-21 with over 41,500 Combined Vehicles per Day
- Easy Access to I-40 with Approximately 52,000 Vehicles Per Day
- Major Retail Trade Area, Down the Street from Walmart Supercenter, Publix, Aldi, Home Depot, Lowe's, Hobby Lobby, TJ Maxx, Tractor Supply and More
- Just North of Lake Norman State Park with Approximately One Million Visitors Annually
- Close Proximity to Cherokee National Forest with Approximately Three Million Visitors Annually
Shopping Strip
Panera & Aspen Dental | Rent Increases in 2025
Listing Price: $5,351,000
Investment Highlights
- 12 Plus Years Remaining on Lease Term with Panera Bread Franchisee, the Largest Panera Franchisee with 300 Plus Locations
- Seven Years Remaining on Corporate Lease with Aspen Dental and Two Years Remaining on Corporate Lease with Wells Fargo
- High-Quality Construction with Drive-Thru and Minimal Landlord Responsibilities
- Hard-Corner Location at Signalized Intersection of Glenway Drive and Turnersburg Highway-21 with over 41,500 Combined Vehicles per Day
- Easy Access to I-40 with Approximately 52,000 Vehicles Per Day
- Major Retail Trade Area, Down the Street from Walmart Supercenter, Publix, Aldi, Home Depot, Lowe's, Hobby Lobby, TJ Maxx, Tractor Supply and More
- Just North of Lake Norman State Park with Approximately One Million Visitors Annually
- Close Proximity to Cherokee National Forest with Approximately Three Million Visitors Annually
Investment Overview
Marcus & Millichap is pleased to present Panera & Aspen Dental in Statesville, North Carolina. Panera Bread Company is a national bakery-café concept with company-owned and franchise-operated bakery-café locations in 46 states, the District of Columbia, and Ontario, Canada. Aspen Dental Management, Inc. (“ADMI”) provides administrative and business support services to Aspen Dental branded dental practices. Each Aspen Dental branded practice is owned and operated by a licensed dentist. Statesville, located in Iredell County, North Carolina, is situated in the western part of North Carolina, approximately 40 miles north of Charlotte. With a population of 28,419 according to the 2020 census, Statesville offers a balance between small-town charm and convenient access to larger urban centers.
