Restaurant
Panera Bread | Corporate Guaranty | 15-Year Absolute NNN
NWC Cedardale Rd, Papillion, NE 68046
Listing Price: $3,507,000
Cap Rate
5.15%
Tenant Name
Panera Bread
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Absolute Net
Rent Per Square Feet
$75.25
Investment Overview
Marcus & Millichap is pleased to present the Panera in Papillion, NE.
Investment Highlights
- 15-Year Absolute NNN Lease with 8% Increases Every 5 Years
- Corporate Guaranty by Panera, LLC, 2,216+ Locations and $6.45 Billion in Revenue
- Average Unit-Level Sales for Panera is Approximately $3.5 Million
- Brand New High-Quality Construction with a Drive-Thru
- Serving Over 135,000 Residents in Rapidly Growing Suburb to Omaha, Sarpy County is the Fastest-Growing County in the State
- Surrounded by Residential Developments with 12,000+ Homes Under Construction
- Outparcel to $300+ Million Master-Planned Mixed-Use Development with 900 Luxury Apartments and Townhomes
- Down the Street Shadow Lake Towne Center with 6.7 Million Visits/Year
Broker of Record
Restaurant
Panera Bread | Corporate Guaranty | 15-Year Absolute NNN
Listing Price: $3,507,000
Cap Rate
5.15%
Tenant Name
Panera Bread
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
2,400
Lease Type
Absolute Net
Rent Per Square Feet
$75.25
Investment Highlights
- 15-Year Absolute NNN Lease with 8% Increases Every 5 Years
- Corporate Guaranty by Panera, LLC, 2,216+ Locations and $6.45 Billion in Revenue
- Average Unit-Level Sales for Panera is Approximately $3.5 Million
- Brand New High-Quality Construction with a Drive-Thru
- Serving Over 135,000 Residents in Rapidly Growing Suburb to Omaha, Sarpy County is the Fastest-Growing County in the State
- Surrounded by Residential Developments with 12,000+ Homes Under Construction
- Outparcel to $300+ Million Master-Planned Mixed-Use Development with 900 Luxury Apartments and Townhomes
- Down the Street Shadow Lake Towne Center with 6.7 Million Visits/Year
Investment Overview
Marcus & Millichap is pleased to present the Panera in Papillion, NE.
Broker of Record