Panera Bread & Mattress Firm NNN Property For Sale — Minot, ND
1807 22nd Ave SW, Minot, ND 58701
This is a unique opportunity to acquire a two-tenant retail asset featuring Panera Bread and Mattress Firm. Situated as a pad site to major national retailers, the property benefits from excellent visibility and high traffic. Panera Bread, a corporate lease, has 8 years remaining on a new NNN lease extension and reports strong sales. Mattress Firm has 6 years remaining on its lease, which is guaranteed by a multi-unit franchisee. The property boasts a large freeway-visible pylon sign.
- Address: 1807 22nd Ave SW, Minot, ND 58701
- Asking price $3.86M
- 7.00% cap rate
- NOI $270,200
- 8 years remaining
- NNN lease
- Year built: 2014
- Building size: 8,114 SF
- Lot size: 1.07 acres
- Guarantor: Corporate
Location
This Panera Bread & Mattress Firm property is at 1807 22nd Ave SW in Minot, North Dakota.
Asset type: Retail