Restaurant
Panera Bread | New 15-Yr. Absolute NNN
8501 Beechmont Ave, Cincinnati, OH 45255
Listing Price: $3,652,000
Cap Rate
5.50%
Tenant Name
Panera Bread
Years Remaining On Lease
14.5
Guarantor
Franchisee Guarantee
Rentable SF
3,900
Lease Type
Absolute Net
Rent Per Square Feet
$51.50
Investment Overview
Marcus & Millichap is pleased to present the Panera Bread in Cincinnati, Ohio.
Panera Bread | New 15-Yr. Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Relocation of High-Performing Inline Store Nearby, Proven Concept in Trade Area
- Largest Panera Franchisee in the U.S. (350+ Locations), Award-Winning and Experienced Operator
- Strong Financials, Lease Guaranteed by CAD Capital, LLC with 50+ Locations
- Brand New High-Quality Construction with a Drive-Thru, Largest Panera Prototype
- Serving Over 116,000 Residents in Growing Cincinnati Suburb
- Average Household Income Exceeds $115,000 within 3 Miles and $111,000 within 5 Miles
Listing Price: $3,652,000
Cap Rate
5.50%
Tenant Name
Panera Bread
Years Remaining On Lease
14.5
Guarantor
Franchisee Guarantee
Rentable SF
3,900
Lease Type
Absolute Net
Rent Per Square Feet
$51.50
Investment Highlights
- 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
- Relocation of High-Performing Inline Store Nearby, Proven Concept in Trade Area
- Largest Panera Franchisee in the U.S. (350+ Locations), Award-Winning and Experienced Operator
- Strong Financials, Lease Guaranteed by CAD Capital, LLC with 50+ Locations
- Brand New High-Quality Construction with a Drive-Thru, Largest Panera Prototype
- Serving Over 116,000 Residents in Growing Cincinnati Suburb
- Average Household Income Exceeds $115,000 within 3 Miles and $111,000 within 5 Miles
Investment Overview
Marcus & Millichap is pleased to present the Panera Bread in Cincinnati, Ohio.
