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Panera Bread 117 W Cedardale Rd 2,400 SF Retail Building Papillion, NE 68046 $3,507,000 ($1,461.25/SF) 5.15% 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 135,000 Residents in Rapidly Growing Suburb to Omaha, Sarpy County is the Fastest-Growing County in the State
- Corporate Guaranty by Panera, LLC, 2,216+ Locations and $6.45 Billion in Revenue
- Brand New High-Quality Construction with a Drive-Thru
- Surrounded by Residential Developments with 12,000+ Homes Under Construction
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
2,400 SF
Building Class
B
Year Built
2025
Price
$3,507,000
Price Per SF
$1,461.25
Cap Rate
5.15%
NOI
$180,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.10 AC
Zoning
03 - Commercial
NEARBY MAJOR RETAILERS
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Panera Bread | 117 W Cedardale Rd
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