Log In/Sign Up
Your email has been sent.
Panera Bread 2820 E Germann Rd 4,300 SF Retail Building Chandler, AZ 85286 $3,684,528 CAD ($856.87 CAD/SF) 5.15% Cap Rate
Investment Highlights
- Long-Term NNN Lease
- Established National Tenant
- Premier Chandler Retail Corridor
- Built-In Rental Growth
- Large Signalized Pad Site
- Adjacent To High-Traffic Retail
Executive Summary
Surmount is pleased to present the exclusive listing for a Panera Bread located at 2880 East Germann Road, Chandler, AZ 85286. The site consists of roughly 4,300 rentable square feet of building space on an estimated 1.38-acre parcel of land. Panera Bread is subject to a 15-year Triple Net (NNN) lease, which commenced 7/12/2017. The current annual rent is $137,619 and has scheduled increases of 8.00% Every 5 Years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,300 SF
Building Class
B
Year Built
2017
Price
$3,684,528 CAD
Price Per SF
$856.87 CAD
Cap Rate
5.15%
NOI
$189,768 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.38 AC
Zoning
PAD - PAD
Amenities
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 303-31-209 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $389,567 CAD |
Property Taxes
Parcel Number
303-31-209
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$389,567 CAD
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Panera Bread | 2820 E Germann Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.