HIGHLIGHTS
- Brand New Construction – 15-Year Absolute NNN Lease, guaranteed by Panera, LLC, with renewal options.
- Rental Increases – 8% every 5 years, providing a hedge against inflation, growing cash flow, and improving the overall return.
- Down the street from Navy Federal CU’s new state-of-the-art campus (nearly 360 Acres) that currently employs ±10,000
- Strategically located off W 9 Mile Rd, between Interstate 10 and Major Hwy 29, with direct access to more than 89,500 vehicles per day
- Healthy average household income of $86,289 within one mile and growing
FOR SALE DETAILS
PRICE
$3,378,000 USD
PRICE/SF
$950 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PANERA BREAD
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
35
LAND DETAILS
LAND ACRES
1.2 AC
LAND SF
52,378 SF
ZONING
-
APN/PARCEL ID
11-1S-31-1201-001-001
ASK ABOUT THIS PROPERTY
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949-662-2252
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949-662-2252
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
