Panera Bread Investment
For Sale
Contact for pricing
9 Mile Point Rd E, Penfield, NY
Property leased to Panera Bread in prime location.
Property Size4,334 SF
Lot Size1.21 Acres
Price / SF$663.36
Days on Market873
Property Features for 9 Mile Point Rd E
General Information
Standard status
Active
Size
4,334 SF
Lot size
1.21 Acres
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services
(310) 295-4374
Listed By:
Maxx Bauman · License #451849,80041(GA)
(310) 994-0262
Source:
Moodyscre
Added: Apr 24, 2024
Changed: Sep 3
Last Checked: Sep 13 at 10:02AM
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 Matthews Real Estate Investment Services
Investment Insights
Based on property information with market context.
This property is leased to Panera Bread, a fast-casual restaurant chain with over 2,100 locations nationwide. The property is situated across the street from a retail center anchored by Target, Wegmans, and JOANN Fabrics and Crafts. Other nearby tenants include ALDI, The Home Depot, Staples, Walgreens, Taco Bell, McDonald’s, and Moe’s Southwest Grill. The surrounding area has witnessed an upswing in commercial development. The 4,334 square foot property is located on Fairport Nine Mile Road, which sees over 15,000 vehicles per day. The property is located less than 1-mile away from Harris Hill Elementary School and multiple medical office parks and facilities, including UR Medicine Primary Care, Penfield Pediatrics. The property benefits from a drive-thru, ensuring consistent demand. The location is in Penfield, NY, an affluent suburb in the Rochester MSA with an average household income over $113,000 within a 1-mile radius. Rochester is a growing market in Upstate New York, with over 100,000 residents in a 5 mile radius.
Key Highlights
- Leased to Panera Bread, a nationally recognized and creditworthy tenant with over 2,100 locations.
- Prime location across from a large retail power center anchored by Target, Wegmans, and JOANN Fabrics.
- Drive‑thru provides consistent demand and stability.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
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Business Placement
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Property leased to Panera Bread in prime location.
Where is this drive through restaurant located?
The property is located at 9 Mile Point Rd E Penfield, NY.
What is the asking price?
The asking price for this property is $2,875,000.
What are key features of this property?
This property features: Leased to Panera Bread, a nationally recognized and creditworthy tenant with over 2,100 locations.; Prime location across from a large retail power center anchored by Target, Wegmans, and JOANN Fabrics.; Drive‑thru provides consistent demand and stability.
