Panera Bread Loganville, Georgia

$3,200,000
Property type: Single-Tenant Net Lease

The space

  • Price: $3,200,000
  • Rentable Square Feet: 4,323
  • Annual Rent: $151,937
  • Rent/Square Foot: $35.15
  • Land Area: 2.00 AC
  • Year Built: 2018
  • Lease Type: NNN
  • Lease Term: 15 Years
  • Option Periods: 3, 5-Year Options
  • Rental Increases: 10% Every 5 Years

Description

185 US Highway 78
Loganville, GA 30052

Investment Highlights

  • Brand New Construction | Now Open!
  • New, 15-Year Absolute Triple Net (NNN) Lease
  • Three, Five-Year Renewal Options with 10 Percent Rental Increases Every Five Years
  • Corporate Tenant | Corporate Guarantee
  • Located off Atlanta Highway with a Daily Traffic Count of More Than 34,000 Vehicles
  • Directly Adjacent to Newly Constructed Hobby Lobby
  • Surrounding National Retailers Include Hobby Lobby, Walmart Supercenter, Home Depot, Lowes, T.J. Maxx, Aldi, Dick’s Sporting Goods, Anytime Fitness, CVS, Walgreens, Chick-fil-A, Dunkin’ Donuts, McDonald’s, KFC, Five Guys, Wendy’s and Many More
  • Part of the Atlanta MSA, the Most Populous Metro area in Georgia and the Ninth-Largest MSA in the U.S.

 

Investment Overview

The Panera Bread in Loganville has a triple net, corporate lease. There are three, five-year renewal options with 10 percent rental increases every five years throughout base term and option periods. The property was recently built and is now open with a drive-thru.

This property is located off Atlanta Highway with a daily traffic count of more than 34,000 vehicles and is directly adjacent to a newly constructed Hobby Lobby. Surrounding national retailers include Hobby Lobby, Walmart Supercenter, Home Depot, Lowes, T.J. Maxx, Aldi, Dick’s Sporting Goods, Anytime Fitness, CVS, Walgreens, Chick-fil-A, Dunkin’ Donuts, McDonald’s, KFC, Five Guys, Wendy’s and many more. This Panera Bread is in Loganville, which is part of the Atlanta MSA, the most populous metro area in Georgia and the ninth-largest MSA in the U.S. The Atlanta MSA.

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