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Panera Bread 320 Ed Schmidt Blvd 2,479 SF Retail Building Hutto, TX 78634 $5,290,598 CAD ($2,134.17 CAD/SF) 5% 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 109,500 Residents in Rapidly Growing Suburb to Austin, 27 Miles Northeast of Austin
- Corporate Guaranty by Panera, LLC, 2,216+ Locations and $6.45 Billion in Revenue
- Brand New High-Quality Construction with a Drive-Thru
- Hutto is One of the Fastest Growing Cities in the U.S., 63% Population Growth within 3 Miles from 2020-2024
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,479 SF
Building Class
C
Year Built
2025
Price
$5,290,598 CAD
Price Per SF
$2,134.17 CAD
Cap Rate
5%
NOI
$264,530 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
4.06 AC
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Phil Sambazis -
Mark Ruble -
Christopher Lind -
Zack House -
Timothy Speck -
Marcus & Millichap
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Panera Bread | 320 Ed Schmidt Blvd
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