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Panera Bread NNN Property
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11505 State Road 70 E, Lakewood Ranch, FL 34202

The property is subject to an absolute triple-net ground lease with renewal options.

Property Size4,300 SF
Lot Size1.06 Acres
Days on Market143

Property Features for 11505 State Road 70 E

General Information

Standard status Active
Size 4,300 SF
Lot size 1.06 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:06AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This Panera Bread property includes approximately 4,300 rentable square feet within an estimated 1.06-acre site. The asset is structured under a 15-year absolute triple-net ground lease that began November 28th, 2018.

The lease provides for a 10% rent increase in year 11, followed by three five-year renewal options. The property is located at 11505 State Road 70 E in Lakewood Ranch, Florida.

Key Highlights

  • Panera Bread building contains roughly 4,300 rentable square feet
  • Estimated 1.06‑acre parcel
  • 15‑year absolute triple‑net ground lease

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Building Supply Law Firm Big Box & Wholesale Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

586
Businesses Nearby
204k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 31% Groceries 25% Beauty & Spa 3%
Publix Groceries
36,654 visits/mo 0.4 miles
7-Eleven Shops & Services
21,956 visits/mo 0.1 miles
Starbucks Dining
19,269 visits/mo 0.1 miles
Panera Bread Dining
17,318 visits/mo 0.2 miles
Chipotle Mexican Grill Dining
13,304 visits/mo 0.1 miles

Demographics for 34202, FL

26,797
Population
12,543
Households
2.1
Avg Household Size
54
Median Age
57%
College-Educated
97%
High-School Grad
23.1 sq mi
ZIP Area
1,160
Density / Sq Mi
$123,210
Median Household Income
$54,792
Median Earnings
$2,111
Median Rent
$620,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - The property is subject to an absolute triple-net ground lease with renewal options.
Where is this nnn property located?
The property is located at 11505 State Road 70 E Lakewood Ranch, FL.
What are key features of this property?
This property features: Panera Bread building contains roughly 4,300 rentable square feet; Estimated 1.06‑acre parcel; 15‑year absolute triple‑net ground lease
(332) 345-4222 Call to check price and availability
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