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Restaurant

Rare Corporate Panera Bread w/ Drive Thru @ University of Arkansas | 15 Year Absolute Net Lease

1634 M.L.K. Jr Blvd, Fayetteville (NW Arkansas), AR 72701

Listing Price: $3,684,211

Cap Rate
4.75%
Tenant Name
Panera Bread
Years Remaining On Lease
15.1
Gross SF
2,730
Guarantor
Corporate Guarantee
Rentable SF
2,730
Price/Gross SF
$1,349.53
Lease Type
Absolute Net
Rent Per Square Feet
$64.10

Investment Overview

Fayetteville is the 2nd largest city in Arkansas and county seat of Washington County. The city is on the outskirts of the Boston Mountains, deep within the Ozarks. Fayetteville is home to the University of Arkansas, the state’s flagship university. When classes are in session, thousands of students on campus dramatically change the city’s demographics. Thousands of Arkansas Razorbacks alumni and fans travel to Fayetteville to attend football, basketball, and baseball games. The city is colloquially known as the “Track Capital of the World” due to the success and prestige of the University of Arkansas cross country and track & field programs. The University’s men’s cross country and track and field programs have won a combined 41 national championships to date with the women’s teams adding 5 national championships since 2015. Fayetteville was named the third best place to live in the United States in the 2016 U.S. News Best Places To Live Rankings, and one of the best places to retire in the South. Forbes also ranked Fayetteville as the 24th-best city for business and careers in 2016. Lonely Planet named Fayetteville among its top 20 places to visit in the South in 2016. The city hosts the Walmart Shareholders Meetings each year at the Bud Walton Arena.

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Complete 2024 High Quality Renovation.
  • Directly Across from University of Arkansas - the Largest University in the State w/ 32k+ Students Enrolled. Ranked 13th among Universities w/ the most Graduates working at top Fortune 500 Companies.
  • JAB Holding (Panera Bread's Parent Company) owns some of the Most Famous Chains in the World and has a Net Worth of Approximately $26.9 Billion.
  • In Close Proximity to Numerous other Schools, including Fayetteville High School (2,535+ Students), providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Positioned Along Area's Major Traffic and Retail Corridor. Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 34k Vehicles. Near I-49 (58k+ VPD).
  • Surrounded by Numerous National Retailers Including Walmart Supercenter, Walmart Neighborhood Market, ALDI, Lowe's, Walgreens, Harps Food Stores and more.
  • Densely Populated Area: Features more than 95k People Residing w/in a 5-Mile Radius. Strong Daytime Employment Area - Near Numerous Retail & Restaurant Establishments, Offices and many of the City's Hotels.
  • Immediate Area Experiencing Major Growth: Fayetteville has been Ranked Among the Nation's Fastest-Growing Places in the Most Recent Years. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s) AR: PB00066390

    Arkansas

Financing By

Restaurant

Rare Corporate Panera Bread w/ Drive Thru @ University of Arkansas | 15 Year Absolute Net Lease

Listing Price: $3,684,211

Cap Rate
4.75%
Tenant Name
Panera Bread
Years Remaining On Lease
15.1
Gross SF
2,730
Guarantor
Corporate Guarantee
Rentable SF
2,730
Price/Gross SF
$1,349.53
Lease Type
Absolute Net
Rent Per Square Feet
$64.10

Investment Highlights

  • 15 Year Absolute Net Lease (Zero Landlord Responsibilities) Featuring 10% Rental Increases Every 5 Years throughout the Initial Term and Options. Complete 2024 High Quality Renovation.
  • Directly Across from University of Arkansas - the Largest University in the State w/ 32k+ Students Enrolled. Ranked 13th among Universities w/ the most Graduates working at top Fortune 500 Companies.
  • JAB Holding (Panera Bread's Parent Company) owns some of the Most Famous Chains in the World and has a Net Worth of Approximately $26.9 Billion.
  • In Close Proximity to Numerous other Schools, including Fayetteville High School (2,535+ Students), providing for an Increased Potential Customer Base due to the Daily Commute of Parents, Students, and Teachers.
  • Positioned Along Area's Major Traffic and Retail Corridor. Hard Corner Location - Features Easy Access and Excellent Visibility with Daily Traffic Counts Exceeding 34k Vehicles. Near I-49 (58k+ VPD).
  • Surrounded by Numerous National Retailers Including Walmart Supercenter, Walmart Neighborhood Market, ALDI, Lowe's, Walgreens, Harps Food Stores and more.
  • Densely Populated Area: Features more than 95k People Residing w/in a 5-Mile Radius. Strong Daytime Employment Area - Near Numerous Retail & Restaurant Establishments, Offices and many of the City's Hotels.
  • Immediate Area Experiencing Major Growth: Fayetteville has been Ranked Among the Nation's Fastest-Growing Places in the Most Recent Years. Site is located within the Opportunity Zone - An Investment Program that Offers Tax Incentives through a Qualified Opportunity Fund.

Investment Overview

Fayetteville is the 2nd largest city in Arkansas and county seat of Washington County. The city is on the outskirts of the Boston Mountains, deep within the Ozarks. Fayetteville is home to the University of Arkansas, the state’s flagship university. When classes are in session, thousands of students on campus dramatically change the city’s demographics. Thousands of Arkansas Razorbacks alumni and fans travel to Fayetteville to attend football, basketball, and baseball games. The city is colloquially known as the “Track Capital of the World” due to the success and prestige of the University of Arkansas cross country and track & field programs. The University’s men’s cross country and track and field programs have won a combined 41 national championships to date with the women’s teams adding 5 national championships since 2015. Fayetteville was named the third best place to live in the United States in the 2016 U.S. News Best Places To Live Rankings, and one of the best places to retire in the South. Forbes also ranked Fayetteville as the 24th-best city for business and careers in 2016. Lonely Planet named Fayetteville among its top 20 places to visit in the South in 2016. The city hosts the Walmart Shareholders Meetings each year at the Bud Walton Arena.

Exclusively Listed By

Broker of Record

  • Anne Williams

    First Vice President Investments

    (901) 620-3600

    License(s): AR: PB00066390

    Arkansas

Financing By

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