Panera Bread Investment
For Sale
Contact for pricing
10405 Southpointe Blvd, Louisville, KY 40291
NN leased Panera Bread in Louisville, Kentucky for sale.
Property Size4,430 SF
Price / SF$894.58
Days on Market641
Property Features for 10405 Southpointe Blvd
General Information
Standard status
Active
Size
4,430 SF
Total Parking Spaces
76
Property subtype
Retail
Zoning
C2
Occupancy
100%
Lease Type
NNN
Net Operating Income
$213,998
Building Details
Year Built
2020
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Dec 10, 2024
Changed: Sep 5
Last Checked: Sep 11 at 6:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
This commercial real estate opportunity features a Panera Bread investment property in Louisville, Kentucky. The property is subject to a net lease with approximately 11 years remaining on the initial 15-year term. The lease includes three 5-year options to extend, reflecting the tenant's commitment to the location. Rental increases of 10% occur every 5 years throughout the initial term and at the beginning of each option period. The lease structure is net, assigning minimal responsibilities to the landlord. The Panera Bread is positioned at the signalized corner of Bardstown Road and Southpointe Boulevard, benefiting from high traffic volume. Bardstown Road experiences an average daily traffic count of over 46,700 vehicles. The property will be an outparcel to a future Hy-Vee grocery store anchored center that also features Bank of America and Bubba’s 33 pads. The location is less than a mile from a Walmart Supercenter and Cedar Springs Shopping Center, which is anchored by Kroger. Additionally, the property is near a Kohl’s, with a Chick-fil-A outparcel. The surrounding area includes national and credit tenants such as McDonald’s, Chipotle, Starbucks, Raising Cane’s, Cracker Barrel, and Valvoline. The 5-mile trade area supports a population of over 144,700 with an average household income of $99,261. The building size is 4,430 square feet.
Key Highlights
- Long‑Term Net Lease: Approximately 11 years remaining on a Panera Bread lease with 3 (5‑year) options to extend.
- Strategic Location: Situated at a signalized hard corner on Bardstown Rd (46,700+ VPD).
- Rental Increases: Features 10% rental increases every 5 years.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
191
Businesses Nearby
317k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 18%
Apparel 16%
Home Improvements & Furnishings 1%
Kohl's
Apparel
50,597 visits/mo
0.3 miles
Chick-fil-A
Dining
45,078 visits/mo
0.3 miles
McDonald's
Dining
26,674 visits/mo
0.2 miles
Thorntons
Shops & Services
25,254 visits/mo
0.2 miles
Aspen Creek Grill
Dining
22,084 visits/mo
0.2 miles
Demographics for 40291, KY
39,719
Population
16,894
Households
2.4
Avg Household Size
41
Median Age
33%
College-Educated
94%
High-School Grad
22.6 sq mi
ZIP Area
1,757
Density / Sq Mi
$81,576
Median Household Income
$46,186
Median Earnings
$1,161
Median Rent
$264,700
Median Home Value
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Market
Vacancy Rate% for Retail in Louisville, KY
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Similar Off Market Nearby
- Thorntons — 7920 Bardstown Rd, Louisville, KY 40291
- Starbucks — 7718 Bardstown Rd, Louisville, KY 40291
- 7 Brew Coffee — 7609 Bardstown Rd, Louisville, KY 40291
- Heine Brothers Coffee - Fern Creek — 7701 Bardstown Rd, Louisville, KY 40291
Frequently Asked Questions
What type of property is this?
Coffee shop - NN leased Panera Bread in Louisville, Kentucky for sale.
Where is this coffee shop located?
The property is located at 10405 Southpointe Blvd Louisville, KY.
What is the asking price?
The asking price for this property is $3,963,000.
What are key features of this property?
This property features: Long‑Term Net Lease: Approximately 11 years remaining on a Panera Bread lease with 3 (5‑year) options to extend.; Strategic Location: Situated at a signalized hard corner on Bardstown Rd (46,700+ VPD).; Rental Increases: Features 10% rental increases every 5 years.
