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Panera Bread Retail Space
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499 Chaney Road, Smyrna, TN 37167

The property is offered under a ground lease for a branded retail use.

Property Size4,085 SF
Days on Market144

Property Features for 499 Chaney Road

General Information

Standard status Active
Size 4,085 SF
Property subtype Retail

Additional Details

Cap Rate 4.8%
Listing Agency: Marcus & Millichap - San Diego
Listed By: Phil Sambazis · License #01474991
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 3:13AM

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 Marcus & Millichap - San Diego

Investment Insights

Based on property information with market context.

This 4,085-square-foot retail space is associated with Panera Bread and offered through a ground lease structure. The property is located at 499 Chaney Road in Smyrna, Tennessee.

The offering reflects a 4.80% CAP and combines an established branded retail presence with a defined lease arrangement.

Key Highlights

  • 4,085 SF retail space
  • Panera Bread branded retail property
  • Ground lease structure

Property Analytics

Current Use

Panera Bread Take-out & Catering

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Electrical Service Kitchen & Bath Showroom 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

1,223
Businesses Nearby
555k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Shops & Services 22% Apparel 13% Groceries 7%
Publix Groceries
39,274 visits/mo 0.3 miles
Kohl's Apparel
37,831 visits/mo 0.5 miles
Ross Dress for Less Apparel
34,391 visits/mo 0.4 miles
Starbucks Dining
25,908 visits/mo 0.1 miles
Dollar Tree Shops & Services
23,978 visits/mo 0.5 miles

Demographics for 37167, TN

61,731
Population
23,694
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
55.0 sq mi
ZIP Area
1,122
Density / Sq Mi
$79,720
Median Household Income
$42,705
Median Earnings
$1,359
Median Rent
$330,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The property is offered under a ground lease for a branded retail use.
Where is this retail space located?
The property is located at 499 Chaney Road Smyrna, TN.
What are key features of this property?
This property features: 4,085 SF retail space; Panera Bread branded retail property; Ground lease structure
(858) 373-3100 Call to check price and availability
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