Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1298 S Washington St Papillion, NE 68107

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $3,507,000

    New construction Panera Bread with drive-thru in growing suburb.

    Property size:
    2,400 SF
    Lot size:
    1.09 Acres

    Property Features for 1298 S Washington St

    General Information

    Size
    2,400 SF
    Lot size
    1.09 Acres

    Source: Marcus & Millichap | Denver Agent Adam Lewis

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

    Overview

    New Panera Bread with Drive-Thru

    This property features a brand new, high-quality construction with a drive-thru. It is operating under a 15-year absolute NNN lease with 8% increases every 5 years. The location benefits from a corporate guaranty by Panera, LLC, which has over 2,216 locations and $6.45 billion in revenue. The average unit-level sales for Panera is approximately $3.5 million. The property is situated in Sarpy County, a rapidly growing suburb of Omaha, serving over 135,000 residents and recognized as the fastest-growing county in the state. The property size is 2,400 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Pharmacy Skin Care Clinic Accounting Firm Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Papillion
    County
    Sarpy
    State
    Nebraska
    Longitude
    -95.935069
    Latitude
    41.196859

    Nearby Similar for Sale

    • $1,000,000
      3,802 SF

      Papillion Commercial Lot - Huge Potential

      Prime Hwy 370 location, 3802 sq ft, high-growth area.
      713 Olson Dr, Papillion, NE 68046
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - New construction Panera Bread with drive-thru in growing suburb.
    Where is this drive through restaurant located?
    The property is located at 1298 S Washington St Papillion, NE.
    What is the asking price?
    The asking price for this property is $3,507,000.
    What are key features of this property?
    This property features: - 15-Year Absolute NNN Lease with 8% Increases Every 5 Years; - Corporate Guaranty by Panera, LLC, with 2,216+ Locations and $6.45 Billion in Revenue; - **Brand New High-Quality Construction with a Drive-Thru**
    (303) 328-2000
    Request Owner's contact information
    1298 S Washington St Papillion, NE 68107
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1298 S Washington St
    Papillion, NE 68107
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1298 S Washington St Papillion, NE 68107
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.