Freestanding Panera Bread Investment
3506 S Clack St, Abilene, TX 79606
Absolute NNN Panera Bread with drive-thru in Abilene, TX.
Type:Retail
Property size:
4,935 SFPrice / SF:
$1,080/SF- Added:
- Jan 29, 2026
- Days on Market:
- 103
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 3506 S Clack St
General Information
- Standard status
- Active
- Size
- 4,935 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing agent Parker Walter License #CA 02005574
Listing office SRS Real Estate Partners Newport Beach
Listing date Jan 29, 2026
Source Crexi
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 SRS Real Estate Partners Newport Beach
HighLights
- Absolute NNN lease offers a management‑free, passive investment.
- New 20‑year, corporate‑backed lease with Panera Bread ensures long‑term stability.
- Strategic location with high visibility and access, benefiting from 20,100 VPD on Clack Street and proximity to U.S. Highway 83 (59,000 VPD).
- 10% rental increases every 5 years throughout the initial term and option periods.
- Located within a dense retail trade area near major shopping centers and national/credit tenants.
- Strong demographics with over 107,200 residents and 56,300 daytime employees within a 5‑mile radius.
Overview
This freestanding Panera Bread investment property is located in Abilene, TX. The property benefits from a new 20-year, corporate-backed lease signed in December 2020, with 4 (5-year) option periods. The lease features 10% rental increases every 5 years throughout the initial term and option periods. The lease is absolute NNN with zero landlord responsibilities. Founded in 1987, Panera Bread has over 2,100 locations across the United States. The property is strategically located along Clack Street with visibility and access to 20,100 vehicles per day. It also fronts U.S. Highway 83 (59,000 VPD), connecting to State Highway 322 and Interstate 20. The property is situated within a dense retail trade area, as an outparcel to the Shops at Abilene Village (144,000+ SF), adjacent to the Shops at Abilene (250,000+ SF) and Park Central Shopping Center (202,000+ SF), and near the Mall of Abilene (991,000+ SF). Nearby national and credit tenants include Lowe’s, Target, Home Depot, TJ Maxx, Walmart Supercenter, Michaels, Petco, and Burlington. The property is near single-family communities and multi-family complexes including Copper Creek (228 units), Reserve at Abilene (256 units), and Indian Run (256 units). The 5-mile trade area is supported by over 107,200 residents and 56,300 daytime employees, with an average household income of $85,402. The property size is 4,935 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Panera Bread
Bakery
Location Insight
- Map
- Local Demand
- City
- Abilene
- County
- Taylor
- State
- Texas
- Longitude
- -99.771141
- Latitude
- 32.4090487
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Absolute NNN Panera Bread with drive-thru in Abilene, TX.
Where is this drive through restaurant located?
The property is located at 3506 S Clack St Abilene, TX.
What is the asking price?
The asking price for this property is $5,330,000.
What are key features of this property?
This property features: Absolute NNN lease offers a management‑free, passive investment.; New 20‑year, corporate‑backed lease with Panera Bread ensures long‑term stability.; Strategic location with high visibility and access, benefiting from 20,100 VPD on Clack Street and proximity to U.S. Highway 83 (59,000 VPD).
