15607 Highway 105 Montgomery, TX 77356

This exceptional investment opportunity presents a freestanding Panera Bread restaurant located at 15607 Highway 105 W, Montgomery, Texas 77356, in Montgomery County. The property, built in 2016, boasts 4,354 square feet on a 1.585-acre lot and includes a convenient drive-thru lane and outdoor patio seating. The current tenant, a multi-unit franchisee operating approximately 20 Panera Bread locations in Texas, is under a Net Lease (NNN) agreement with a primary term extending until November 30, 2031. This lease includes three five-year renewal options, each with an 8% rent increase. The current annual Net Operating Income (NOI) is $211,680, resulting in an attractive 5.70% capitalization rate. The asking price for this well-established, high-performing restaurant is $3,714,000. This property offers a compelling combination of a strong tenant, long-term lease, and significant upside potential, making it an ideal addition to any investment portfolio. The property's location in the Lake Conroe area provides excellent visibility and accessibility.