SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN drive-thru equipped, corporate signed, freestanding, Panera Bread investment property located in Montclair, California. The tenant, Panera, LLC recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor. Today, Panera has over 2,100 locations and serves as America’s kitchen table centered around their delicious menu of chef-curated recipes that are crafted with care by their team members.