Panera Bread Woodstock, Illinois

Cap Rate: 5.25%
Property type: Single-Tenant Net Lease

Property Details

Cap Rate: 5.25%
Price: $3,830,000
NOI: $201,000
Lease Term: 20 Years
Lease Expiration: 20 Years from COE
Lease Type: NNN
Tenant/Guarantor: Franchisee
Options to Renew: 6, 5-Year Options
Rental Increases: 1.75% Annually Starting Year 6
Year Built: 2012
Building Size: 4,022
Lot Size: +/- 0.85 Acres
Price PSF: $952.00

925 Country Club Rd
Woodstock, IL 60098

Investment Highlights

  • Long-Term, 20-Year Triple Net (NNN) Lease
  • Lease Commencement Upon Close of Escrow
  • 1.75% Annual Rental Increases Starting in Year 6
  • Six, Five-Year Tenant Renewal Options
  • Dense Retail Corridor | Surrounded By Walmart, Aldi, Walgreens, McDonald’s, Domino’s, Burger King, Enterprise, U-Haul, and Many Others
  • Strong Traffic Counts | Eastwood Drive and McHenry Avenue | 22,100 and 12,550 Vehicles Respectively
  • Robust Population | Over 172,000 Residents Within a 10-Mile Radius
  • McHenry Community College | Total Number Enrolled: 7,104 Students | Located Within a Six-Mile Radius from Subject Property
  • O’Hare International Airport | Serves 120 Million Passengers Annually | Located Within a 40 Mile Radius of Subject Property


Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Panera Bread located at 925 Country Club Road in Woodstock, Illinois. This is a rare investment opportunity to participate in a direct sale leaseback with Hamra Enterprises. This café consists of roughly 4,022 rentable square feet of building space on an estimated 0.85-acre parcel of land.

Chicago Bread, LLC will enter into a brand new 20-year triple-net sale leaseback with the purchaser upon close of escrow. The initial annual rent will be $201,000 and will increase by 1.75 percent annually starting in year six and continuing throughout the term of the lease and in each option period. There will be six, five-year tenant renewal options, extending the total possible lease term to 50 years.


Broker of Record

Steven Weinstock
License:  471.011175

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