8616 U.S. 31 South

Investment Overview

Lee & Associates is pleased to exclusively offer for sale the fee simple interest (land and building) in a newly constructed Panera Bread located at 8616 U.S. 31 South in Indianapolis, Indiana. The property consists of a 3,875-square-foot, 2025 build-to-suit restaurant with a drive-thru situated on approximately 1.10 acres within the Shops at Fountain Creek. Panera operates under a new 15-year corporate lease with approximately 14.6 years remaining, 10% rental increases every five years, and three additional five-year renewal options.