Restaurant

Panera Bread | New Construction

Listing Price: $3,682,796

Cap Rate
4.65%
Tenant Name
Panera Bread
Years Remaining On Lease
15.00
Guarantor
Corporate Guarantee
Rentable SF
4,321
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.63

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a brand-new Panera Bread located at the corner of Terrell Mill Road and Powers Ferry Road, Marietta, GA 30067. The newly constructed site will consist of roughly 4,321 rentable square feet of building space on estimated 1.10-acre parcel of land, and will feature a drive thru. The investment property is subject to a brand new 15-year triple-net (NNN) lease with 3, 5-year tenant renewal options.

Investment Highlights

  • Absolute 15 Year Triple-Net (NNN) Lease
  • Brand New 2020 Construction with a Drive-Thru
  • 10.0% Increases Every Five Years – Including Through Option Periods

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Garreth Kaplan

    Licensed Real Estate Salesperson

    Email Garreth

    License(s): NY: 10401318650

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

Restaurant

Panera Bread | New Construction

Listing Price: $3,682,796

Cap Rate
4.65%
Tenant Name
Panera Bread
Years Remaining On Lease
15.00
Guarantor
Corporate Guarantee
Rentable SF
4,321
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.63

Investment Highlights

  • Absolute 15 Year Triple-Net (NNN) Lease
  • Brand New 2020 Construction with a Drive-Thru
  • 10.0% Increases Every Five Years – Including Through Option Periods

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a brand-new Panera Bread located at the corner of Terrell Mill Road and Powers Ferry Road, Marietta, GA 30067. The newly constructed site will consist of roughly 4,321 rentable square feet of building space on estimated 1.10-acre parcel of land, and will feature a drive thru. The investment property is subject to a brand new 15-year triple-net (NNN) lease with 3, 5-year tenant renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

  • Garreth Kaplan

    Licensed Real Estate Salesperson

    Email Garreth

    License(s): NY: 10401318650

    Manhattan

  • Judson Kauffman

    Licensed Real Estate Salesperson

    (212) 430-5204

    Email Judson

    License(s): NY: 40KA1034273, NY: 10401296108

    Manhattan

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