3208 Interstate Highway 30 Greenville, TX 75402
NNN ground lease with established national tenant, Panera Bread.
Property size:
4,354 SFLot size:
1.06 AcresProperty Features for 3208 Interstate Highway 30
General Information
- Size
- 4,354 SF
- Lot size
- 1.06 Acres
Source:
Moodyscre
Listing Agent: Connor Jabbar
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Panera Bread Ground Lease Opportunity
This property offers a ground lease with a passive ownership structure, featuring an absolute NNN ground lease with zero landlord responsibilities. The tenant is responsible for all expenses, including taxes, insurance, and maintenance, making it suitable for passive, long-term investors. The location is situated on Interstate 30, as a pad to Academy Sports, and across the street from Walmart. Rent escalations are built-in, with 10% increases every 5 years, with the next one scheduled for 2027. The property is leased to Panera Bread, a national tenant with over 2,000 locations nationwide, backed by JAB Holding Company. The property is located in a strategic retail corridor with national co-tenants, including Walmart, Home Depot, Starbucks, and Lowe’s. The area features a median household income of approximately $63,000 and rising home values. Greenville’s population has grown to over 35,000 residents, with positive annual growth trends. The market continues to attract residential and commercial development. The property size is 4354 square feet.
Location Intelligence
Current Use by Public Records
Coffee shops
Location Insight
- Map
- Local Demand
- City
- Greenville
- County
- Hunt
- State
- Texas
- Longitude
- -96.044224
- Latitude
- 33.13363
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FAQs
What type of property is this?
Coffee shop - NNN ground lease with established national tenant, Panera Bread.
Where is this coffee shop located?
The property is located at 3208 Interstate Highway 30 Greenville, TX.
What is the asking price?
The asking price for this property is $2,810,000.
What are key features of this property?
This property features: - Absolute NNN ground lease with zero landlord responsibilities, ideal for passive, long-term investors.; - Established national tenant – **Panera Bread**, a credit-worthy tenant with over 2,000 locations nationwide.; - **Excellent location on Interstate 30**, pad to Academy Sports, across the street from Walmart.