Panera Bread

Investment Overview

Investment Highlights

• Relocation Store From In-Line Space Within the Market to Panera's New Drive Thru Concept.
• Absolute NNN Lease - Zero Landlord Obligations Whatsoever.
• 11 Years Remaining on a 15-Year Term - Stable Cash Flow Asset.
• Rental Escalations Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation.
• Corporate Backed Guaranteed by Panera LLC - More than 2,200 Locations in 47 States and The District of Columbia
• Troy Michigan One of the Most Sought-after Markets in Oakland County: Population Exceeds 10,375 Within a 1 Mile Radius.
• Average Household Income: $101,177 Within a 1 and 3 Mile Radius.
• Surrounded by National Tenants: Whole Foods, Target, Kroger, Rite Aid, LA Fitness, The Home Depot, and Many More