Skip to main content

Restaurant

Panera

3511 S 27th St, Milwaukee, WI 53221

Listing Price: $3,249,000

Cap Rate
5.53%
Tenant Name
Panera Bread
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
4,300
Lease Type
Double Net
Rent Per Square Feet
$41.80

Investment Overview

Marcus & Millichap is pleased to present this single-tenant retail property in Milwaukee occupied by Panera Bread . Panera Bread has 11 years remaining on its lease with a 10 percent rent increase in 2032. Built in 2020, the property has a drive-thru and is located on a corner.

Investment Highlights

  • Built in 2020 on a High-Traffic Corner with a Drive-Thru
  • Double Net Lease through 2036 with a 10 Percent Rent Increase in 2032
  • Corporate Guarantee - Over 2,200 Locations
  • Three Five-Year Options with 10 Percent Rent Increases
  • Transferrable 20-Year Roof Warranty
  • Near Aurora St. Luke's Medical Center

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

Listing Price: $3,249,000

Cap Rate
5.53%
Tenant Name
Panera Bread
Years Remaining On Lease
11.0
Guarantor
Corporate Guarantee
Rentable SF
4,300
Lease Type
Double Net
Rent Per Square Feet
$41.80

Investment Highlights

  • Built in 2020 on a High-Traffic Corner with a Drive-Thru
  • Double Net Lease through 2036 with a 10 Percent Rent Increase in 2032
  • Corporate Guarantee - Over 2,200 Locations
  • Three Five-Year Options with 10 Percent Rent Increases
  • Transferrable 20-Year Roof Warranty
  • Near Aurora St. Luke's Medical Center

Investment Overview

Marcus & Millichap is pleased to present this single-tenant retail property in Milwaukee occupied by Panera Bread . Panera Bread has 11 years remaining on its lease with a 10 percent rent increase in 2032. Built in 2020, the property has a drive-thru and is located on a corner.

Exclusively Listed By

  • Jeff R. Rowlett

    Senior Managing Director Investments

    (262) 364-1924

    Email Jeff

    License(s): WI: 74743-94, IL: 471.016866

    Milwaukee

MM Texture Background
MM Textured Background Lower