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Panera Bread NNN Property
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1311 N Main St, Summerville, SC 29483

Net lease includes a 10-year primary term and two five-year rental options.

Property SizeContact for details
Days on Market142

Property Features for 1311 N Main St

General Information

Standard status Active
Property subtype Retail
Listing Agency: Coldwell Banker Commercial Atlantic
Listed By: Brian Aiken · License #SC 1179
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:46PM

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 Coldwell Banker Commercial Atlantic

Investment Insights

Based on property information with market context.

This NNN property is occupied by Panera Bread under an initial 10-year primary lease term, with two additional five-year rental options. The tenant is identified as Covelli Enterprises, a Panera Bread franchise operator. The asset is positioned at 1311 N Main St in Summerville, South Carolina, adjacent to Interstate 26.

The property serves as an outparcel to power centers that include Walmart Supercenter, Kohl’s, Target, and Regal Cinemas. Its placement within Summerville’s established retail corridor provides a defined commercial setting alongside these named retail and entertainment operators. The lease structure and surrounding power-center context are the primary property details provided for evaluation.

Key Highlights

  • Panera Bread tenant under an initial 10 year primary term
  • Two (2) Five Year rental options
  • Tenant identified as Covelli Enterprises

Property Analytics

Current Use

Panera Bread Take-out & Catering

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Accounting Firm Storage Facility

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

911
Businesses Nearby

Demographics for 29483, SC

56,778
Population
23,133
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
53.3 sq mi
ZIP Area
1,065
Density / Sq Mi
$82,194
Median Household Income
$42,929
Median Earnings
$1,220
Median Rent
$303,400
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 - Net lease includes a 10-year primary term and two five-year rental options.
Where is this nnn property located?
The property is located at 1311 N Main St Summerville, SC.
What are key features of this property?
This property features: Panera Bread tenant under an initial 10 year primary term; Two (2) Five Year rental options; Tenant identified as Covelli Enterprises
More about this property
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