Restaurant

Panera Bread | New 15-Yr. NNN

Listing Price: $3,540,000

Cap Rate
5.15%
Tenant Name
Panera Bread
Years Remaining On Lease
15.00
Gross SF
4,201
Guarantor
Franchisee Guarantee
Rentable SF
4,201
Price/Gross SF
$842.66
Lease Type
Absolute Net
Rent Per Square Feet
$43.40

Investment Overview

Marcus & Millichap is pleased to present the Panera Bread in Marysville, Ohio.

Investment Highlights

  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Largest Panera Franchisee in the U.S. with 350+ Locations
  • Brand New 2020 Construction with a Drive-Thru
  • 35,363 Residents in Growing Columbus Suburb
  • Average Household Income Exceeds $84,000 in Trade Area
  • Highly Visible to 24,000 Cars/Day Along Major Thoroughfare
  • Immediately Off SR-33 with 43,370 Cars/Day, Freeway Visibility
  • Primary Retail Corridor, Surrounded by Walmart Supercenter, Meijer, Home Depot, Lowe's, and Many More

Exclusively Listed By

Listing Price: $3,540,000

Cap Rate
5.15%
Tenant Name
Panera Bread
Years Remaining On Lease
15.00
Gross SF
4,201
Guarantor
Franchisee Guarantee
Rentable SF
4,201
Price/Gross SF
$842.66
Lease Type
Absolute Net
Rent Per Square Feet
$43.40

Investment Highlights

  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Largest Panera Franchisee in the U.S. with 350+ Locations
  • Brand New 2020 Construction with a Drive-Thru
  • 35,363 Residents in Growing Columbus Suburb
  • Average Household Income Exceeds $84,000 in Trade Area
  • Highly Visible to 24,000 Cars/Day Along Major Thoroughfare
  • Immediately Off SR-33 with 43,370 Cars/Day, Freeway Visibility
  • Primary Retail Corridor, Surrounded by Walmart Supercenter, Meijer, Home Depot, Lowe's, and Many More

Investment Overview

Marcus & Millichap is pleased to present the Panera Bread in Marysville, Ohio.

Exclusively Listed By

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