Panera Bread NNN
For Sale
Contact for pricing
2820 East Germann Road, Chandler, AZ 85286
Freestanding restaurant investment in Chandler, Arizona, subject to a long-term Triple Net lease.
Property Size4,300 SF
Price / SF$621.40
Days on Market48
Property Features for 2820 East Germann Road
General Information
Standard status
Active
Size
4,300 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$137,619
Building Details
Year Built
2017
Tenancy
Single
Listing Agency:
SURMOUNT
Listed By:
Tom Jonsson · License #AZ BR695596000
Source:
Crexi
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 29 at 11:08PM
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 Chandler, Arizona property includes a 4,300-square-foot restaurant building on an estimated 1.38-acre parcel. The improvements were completed in 2017 and are occupied by Panera Bread.
The property is encumbered by a 15-year Triple Net (NNN) lease that began 7/12/2017. Contractual rent increases are scheduled at 8.00% every 5 years, providing a defined lease structure for the investment.
The property is encumbered by a 15-year Triple Net (NNN) lease that began 7/12/2017. Contractual rent increases are scheduled at 8.00% every 5 years, providing a defined lease structure for the investment.
Key Highlights
- Panera Bread occupies the restaurant property
- 4,300 rentable square feet of building space
- Estimated 1.38‑acre parcel
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,379
Businesses Nearby
415k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 35%
Shops & Services 34%
Apparel 24%
Dining 4%
Target
Superstores
144,062 visits/mo
0.5 miles
Hobby Lobby
Shops & Services
67,232 visits/mo
0.5 miles
T.J. Maxx
Apparel
49,686 visits/mo
0.4 miles
Five Below
Shops & Services
33,006 visits/mo
0.4 miles
Ross Dress for Less
Apparel
32,471 visits/mo
0.4 miles
Demographics for 85286, AZ
49,407
Population
18,387
Households
2.7
Avg Household Size
36
Median Age
55%
College-Educated
95%
High-School Grad
15.9 sq mi
ZIP Area
3,107
Density / Sq Mi
$118,759
Median Household Income
$62,524
Median Earnings
$2,031
Median Rent
$548,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding restaurant investment in Chandler, Arizona, subject to a long-term Triple Net lease.
Where is this nnn property located?
The property is located at 2820 East Germann Road Chandler, AZ.
What is the asking price?
The asking price for this property is $2,672,000.
What are key features of this property?
This property features: Panera Bread occupies the restaurant property; 4,300 rentable square feet of building space; Estimated 1.38‑acre parcel
