Property Details

Panera Bread

Jacksonville, FL
Property ID: 10894

    Financial Summary

    Asking Price $2,525,000
    Cap Rate 4.75%
    Net Operating Income (NOI) $120,000
    Lease Type NNN
    Lease Term Remaining 10 Years
    The Offering Memorandum for this property is no longer available.

    Contact

    Patrick R. Nutt
    Managing Partner
    703.787.4714

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    Highlights

    • Relocation store - prior location did not offer a drive-thru
    • New 10-year absolute NNN lease with 10% bumps every 5 years
    • Across from Publix anchored shopping center
    • Excellent traffic counts along Atlantic Blvd (49,000 VPD)
    • Affluent demographics - population of over 79,000 people with average HH income of $94,000+ within 3-mile radius

    Net Lease Advisor

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    Location

    13201 Atlantic Blvd
    Jacksonville, FL

    Traci BidingerPanera Bread