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1 Plaza Dr Auburn, NY 13021

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For Sale
$2,795,000

Panera Bread-Leased Retail Property

Property size:
4,000 SF

Property Features for 1 Plaza Dr

General Information

Property type
Other commercial real estate
Square Feet
4,000 SF
Lot Size
43,560 SF

Building Details

Year Built
2011

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Listing Contact
Timothy Kerstetter

Listing Agency: Lake Country Real Estate Listing Agent: Timothy Kerstetter

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 4,000 square foot retail building situated on a one-acre lot at 1 Plaza Drive in Auburn, New York. Boasting a high-traffic location on Grant Avenue (NY Route 5), the property sees an estimated 17,000+ vehicles daily. Its prime retail corridor location places it in close proximity to established businesses such as BJ's Wholesale Club, Staples, Chipotle, and Napa Auto Parts, ensuring high visibility and foot traffic. The property is currently leased to Panera Bread, a nationally recognized and financially stable corporation with over 1900 locations nationwide. This corporate lease provides a strong, reliable income stream for investors seeking a secure, long-term investment. Panera Bread's established brand and proven business model, encompassing dine-in, drive-thru, and delivery services, contributes to its consistent success and makes this a low-risk, high-reward opportunity. The asking price for this exceptional property is $2,795,000. This presents a compelling investment opportunity in a thriving retail location with a highly reputable tenant. The property's strategic location and the strength of the tenant combine to offer significant potential for both short-term and long-term returns.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Chipotle Mexican Grill Restaurant

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Auburn
County
Cayuga
State
New York
Longitude
-76.54185
Latitude
42.9558

FAQs

What type of property is this?
Commercial real estate - Panera Bread-Leased Retail Property
Where is this commercial real estate located?
The property is located at 1 Plaza Dr Auburn, NY.
What is the asking price?
The asking price for this property is $2,795,000.
More about this property
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