1495 7th E st - Restaurant FOR SALE
Monticello, MN 55362 |
$3,384,000 USD
858-373-3174
1495 7th E st
Monticello, MN 55362
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 of Nearly $3.5 Million, Equates to a Rent-to-Sales Ratio Less Than 5%
- Brand New High-Quality Construction with a Drive-Thru
- Outparcel to Super Target, Home Depot, Marshall’s, and Petsmart Anchored Power Center
- Serving Over 121,800 Residents in Rapidly Growing Suburb to Minneapolis
FOR SALE DETAILS
PRICE
$3,384,000 USD
PRICE/SF
$1,410 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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858-373-3174
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858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
