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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



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
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
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
Property Taxes
| Parcel Number | 9579148906 | Improvements Assessment | $1,019,386 CAD |
| Land Assessment | $2,350,376 CAD | Total Assessment | $3,369,762 CAD |
Property Taxes
Presented by
Panera Bread | 160 Coolridge St
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