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Panera Bread Drive-Thru Opportunity

10981 Fremont Pike, Perrysburg, OH

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For Sale

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Single tenant Panera Bread with drive-thru for sale.

Type:RETAIL

Property size:

5,260 SF

Lot size:

1.49 Acres

Price / SF:

$272/SF

HighLights

Single Tenant Panera Bread with Drive Thru
Tenant has renewed its lease three times with latest commitment of 15 years
Under Market Rent with CPI Increases Every Five Years
5,260 Square Foot Building on Hard Corner Lighted Intersection
Outparcel to Kroger Marketplace, Gabe's and Two National Branded Hotels
Average Household Income within a mile exceeds $85,655

We can help!

Listing Contact

Evan Lyons

For Sale

Contact for pricing

Single tenant Panera Bread with drive-thru for sale.

Type:RETAIL

Property size:

5,260 SF

Lot size:

1.49 Acres

Price / SF:

$272/SF

Added:: Aug 28, 2024
Days on Market:: 656
Last Refresh:: May 20 at 8:35 pm

Property Features for 10981 Fremont Pike

General Information

Standard status: Active
Size: 5,260 SF
Lot size: 1.49 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Evan Lyons

Listing agent Evan Lyons License #MI 6502378067

Listing office Encore Real Estate Investment Services

Listing date Aug 28, 2024

Source Moodyscre

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 Encore Real Estate Investment Services

HighLights

Single Tenant Panera Bread with Drive Thru
Tenant has renewed its lease three times with latest commitment of 15 years
Under Market Rent with CPI Increases Every Five Years
5,260 Square Foot Building on Hard Corner Lighted Intersection
Outparcel to Kroger Marketplace, Gabe's and Two National Branded Hotels
Average Household Income within a mile exceeds $85,655

Overview

This property features a single-tenant Panera Bread with a drive-thru. The 5,260 square foot building is located on a hard corner at a lighted intersection. It is an outparcel to a Kroger Marketplace, Gabe's, and two nationally branded hotels. The tenant has renewed its lease three times, with the latest commitment being for 15 years. The average household income within a mile exceeds $85,655. Panera Bread is a successful fast-casual concept with over 2,300 bakery-cafes in 48 states and Canada. The property has under-market rent with CPI increases every five years.

Property Profile Location Intelligence

Current Use by Public Records

Panera Bread Take-out & Catering

Suggested Use

Location Insight

Map
Local Demand

City: Perrysburg
County: Wood
State: Ohio
Longitude: -83.5988
Latitude: 41.5475

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What type of property is this?

Drive through restaurant - Single tenant Panera Bread with drive-thru for sale.

Where is this drive through restaurant located?

The property is located at 10981 Fremont Pike Perrysburg, OH.

What is the asking price?

The asking price for this property is $1,433,000.

What are key features of this property?

This property features: Single Tenant Panera Bread with Drive Thru; Tenant has renewed its lease three times with latest commitment of 15 years; Under Market Rent with CPI Increases Every Five Years

10981 Fremont Pike, Perrysburg, OH

Single tenant Panera Bread with drive-thru for sale.

Property Features for 10981 Fremont Pike

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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