RELOCATION STORE
- Panera Bread has operated in this market for many years, and they recently relocated to this freestanding location from an inline shopping center location.
HIGH CREDIT FRANCHISEE
- Franchisee Guaranty from CAD Capital, LLC
- More than 350 locations across the country
- CAD Capital is one of the largest franchisees in the United States and the largest Panera Bread Franchisee
POSITIONED ON THE A.M. SIDE OF A MAJOR COMMUTER CORRIDOR
- Property is located on the morning side of Beechmont Ave (30K VPD) to I-275 (70K VPD), which is the main commuter route to downtown Cincinnati
- Over 1.6MSF of retail space in a one mile radius of the site
- Nearby National Retail Tenants include: Target, Harbor Freight, Staples, T.J. Maxx, Kroger, ChickFil-A, & more
AFFLUENT CINCINNATI MSA
- Within a 5-mile radius of the Panera Bread, the population is over 115K
- Also within a 3-mile radius the average household income exceeds $125K
- Almost 50k houses are located within a 5 mile radius of the subject site
BUILT IN CONSUMER BASE - THOUSANDS OF STUDENTS
- More than 11,000 students surrounding the site (Anderson High School - 1.5 Mi. - 1,142 Students
- Immaculate Heart - 1.17 Mi. - 718 Students
- Nagel Middle School - 0.75 Mi. - 1,150 students
- Sherwood Elementary - 2.3 Mi. - 668 students)
STRONG LEASE FUNDAMENTALS
- 5% rent increase every 5 years and during options periods
- Absolute NNN providing no Landlord Responsibilities
- 15 Year Lease with Three (3) - Five (5) year option periods