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Panera Bread 1361 Olympia Fields dr 2,400 SF Retail Building Oconomowoc, WI 53066 $5,337,998 CAD ($2,224.17 CAD/SF) 5.10% Cap Rate
INVESTMENT HIGHLIGHTS
- 15-Year Absolute NNN Lease with 8% Increases Every 5 Years
- Average Unit-Level Sales for Panera is Approximately $3.5 Million
- Serving Over 130,000 Residents in Rapidly Growing Trade Area, 35 Miles East of Milwaukee
- Corporate Guaranty by Panera, LLC, 2,216+ Locations and $6.45 Billion in Revenue
- Brand New High-Quality Construction with a Drive-Thru
- Surrounded by 2,595 Homes Under Construction, Epicenter of Growth for the West Milwaukee Metro “Lakes” Area
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
2025
Price
$5,337,998 CAD
Price Per SF
$2,224.17 CAD
Cap Rate
5.10%
NOI
$272,204 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.99 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | OCOC-0614-975-009 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,138,254 CAD | Total Assessment | $1,138,254 CAD |
PROPERTY TAXES
Parcel Number
OCOC-0614-975-009
Land Assessment
$1,138,254 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,138,254 CAD
CONTACTS
-
Phil Sambazis -
Mark Ruble -
Christopher Lind -
Zack House -
Todd Lindblom -
Marcus & Millichap
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Panera Bread | 1361 Olympia Fields dr
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