Share This Listing

Message

947 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Panera Bread 160 Coolridge St 4,116 SF Retail Building Hendersonville, NC 28792 $5,164,882 CAD ($1,254.83 CAD/SF) 5.50% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

Investment Highlights

  • Irreplaceable Market Positioning – Property is situated along the prime retail corridor in the city with daily traffic counts that exceed ±36,000 VPD
  • Long Term NNN Lease – With approximately ±10 years remaining on the Panera Bread lease, investors benefit from extended income certainty.
  • Nationally Recognized Tenant – Panera Bread is a nationally known fast-casual brand with over 2,000 locations nationwide, providing strong brand recog
  • On-Site Tesla Ev Chargers – The property features 12 on-site Tesla Superchargers that contribute directly to NOI, providing an additional diversified
  • Proximity To National Tenants – Property is strategically located in the city’s main retail corridor with proximity to national retailers like Home De
  • Strong Guaranty From Largest Panera Bread Franchisee – Covelli Enterprises is recognized as one of the best Panera Bread franchisees in the country, o

Executive Summary

Broker of Record
Kyle Matthews
License # C38369 (NC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,116 SF
Building Class
B
Year Built
2020
Price
$5,164,882 CAD
Price Per SF
$1,254.83 CAD
Cap Rate
5.50%
NOI
$284,068 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.10 AC
Opportunity Zone
Yes
Zoning
C-3 - Commercial
Parking
39 Spaces (9.48 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Panera a vu le jour en 1987 sous le nom de St. Louis Bread Company, une humble boulangerie communautaire fondée avec une entrée au levain de San Francisco et le rêve de mettre une miche de pain dans chaque bras. Bien que les activités de Panera se soient étendues bien au-delà de Saint-Louis depuis lors, cette même entrée au levain est toujours utilisée dans leur emblématique pain au levain et l'artisanat de la cuisson du pain frais chaque jour demeure au cœur de Panera Bread. Chaque jour, leurs boulangers qualifiés remplissent leurs étagères de boulangerie de délicieux biscuits fraîchement sortant du four, de pâtisseries, de bagels et d'une gamme de pains allant de la focaccia aux baguettes classiques. Panera Bread est une entreprise privée détenue par JAB Holding Company. Panera Bread fait partie de Panera Brands, l'une des plus grandes plateformes de restauration rapide et décontractée aux États-Unis, qui comprend Panera Bread®, Caribou Coffee® Bagels et Einstein Bros.®.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -

Nearby Major Retailers

First Citizens Bank
TD Bank
Starbucks
Outback Steakhouse
Waffle House
Zaxby's
Rent-A-Center
Cook Out
Golden Corral
United Community Bank

Property Taxes

Property Taxes

Parcel Number
9579148906
Land Assessment
$2,350,376 CAD
Improvements Assessment
$1,019,386 CAD
Total Assessment
$3,369,762 CAD
  • Listing ID: 39269096

  • Date on Market: 2026-01-30

  • Last Updated:

  • Address: 160 Coolridge St, Hendersonville, NC 28792

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}