Drive-Through Restaurant NNN
7560 Oak Point Road Amherst, OH 44001
7560 Oak Point Road, Amherst, OH, 44001
$2,956,500
For Sale
$2,956,500
Panera Bread will sign a new 10-year NNN lease for a drive-thru unit at a signalized corner with 20,500+ VPD.
Days on Market13
Property Features for 7560 Oak Point Road
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2010
Properties For Sale
at 7560 Oak Point Road Contact us
Listing agency
(703) 434-2599
Listed by
Patrick Nutt · License #FL SL3257920
(703) 434-2599
Source
Srsre
Added: Jul 11 Updated: Jul 22 at 6:46PM Checked: Jul 22 at 6:46PM
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 Patrick Nutt
Investment Insights
Based on property information with market context.
A drive-thru Panera Bread restaurant with an NNN structure is being offered for sale with Panera Bread executing a brand new 10-year lease at the close of escrow. The lease is supported by Covelli Enterprises as the franchisee, and Dalcan, LLC is the guarantor. Rental rates include 7.50% increases every five years throughout the initial term and at the beginning of each of the four 5-year options. The tenant is responsible for CAM, taxes, insurance, and maintenance of the premises.
The property is positioned at a signalized, hard-corner intersection of Cooper Foster Park Road and Oak Point Road, with a combined traffic count of over 20,500 vehicles per day. The site is also described as directly off State Highway 2 with a daily traffic count of over 54,400 vehicles per day. The location is positioned as an outparcel to Deerfield Town Center anchored by Lowe’s and Target, and it is less than 2 miles from Amherst Marketplace with tenants including Giant Eagle, Aldi, Michaels, and Tractor Supply. Nearby retailers referenced in the materials include Meijer, Tractor Supply Co, Planet Fitness, and Goodwill.
The property is positioned at a signalized, hard-corner intersection of Cooper Foster Park Road and Oak Point Road, with a combined traffic count of over 20,500 vehicles per day. The site is also described as directly off State Highway 2 with a daily traffic count of over 54,400 vehicles per day. The location is positioned as an outparcel to Deerfield Town Center anchored by Lowe’s and Target, and it is less than 2 miles from Amherst Marketplace with tenants including Giant Eagle, Aldi, Michaels, and Tractor Supply. Nearby retailers referenced in the materials include Meijer, Tractor Supply Co, Planet Fitness, and Goodwill.
Key Highlights
- Panera Bread will execute a new 10‑year NNN lease at close of escrow for a drive‑thru unit
- Lease includes 7.50% rental increases every five years during the initial term and at the start of each of four 5‑year options
- Guaranty provided by Dalcan, LLC (54 Panera Bread stores); Covelli Enterprises operates 300+ Panera locations nationwide
Property Analytics
Location Intelligence
Current Use by Public Records
Drive through restaurants
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FAQs
What type of property is this?
Drive through restaurant - Panera Bread will sign a new 10-year NNN lease for a drive-thru unit at a signalized corner with 20,500+ VPD.
Where is this drive through restaurant located?
The property is located at 7560 Oak Point Road Amherst, OH.
What is the asking price?
The asking price for this property is $2,956,500.
What are key features of this property?
This property features: Panera Bread will execute a new 10‑year NNN lease at close of escrow for a drive‑thru unit; Lease includes 7.50% rental increases every five years during the initial term and at the start of each of four 5‑year options; Guaranty provided by Dalcan, LLC (54 Panera Bread stores); Covelli Enterprises operates 300+ Panera locations nationwide
