Panera Bread NNN Property For Sale
This offering features a compelling investment opportunity in a net-leased Panera Bread property. Panera Bread is a highly successful fast-casual restaurant chain with a strong operating history and over 2,000 locations across the United States and Canada. The company is known for its diverse menu of bakery items, salads, sandwiches, and specialty drinks. Panera Bread has demonstrated exceptional performance, delivering an 86-fold return to shareholders during its final 20 years as a public company (1997-2017). The property benefits from a reliable income stream with fixed rent escalations, making it an attractive asset for investors seeking stability and long-term growth potential in the net lease market.
- Asking price $3.25M
- 4.90% cap rate
- NOI $175,000
- 15 years remaining
- nn lease
- Building size: 4,500 SF
- Lot size: 1.00 acres
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: QSR (Quick Service Restaurant)