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1390 W Branch St
Arroyo Grande, CA 93420
Panera Bread - Arroyo Grande, CA · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 10+ Year Corporate Panera Bread Lease: Long-Term Stability with Attractive 12% Rental Escalations Every Five Years.
  • Prime, High-Traffic Coastal Highway Location: Located on a Signalized, Hard Corner 0.47-Acre Pad at the On/Off Ramp of Highway 101
  • Recent Corporate Takeover: Panera Bread Corporate Assumed Operations and Lease in October 2024, Emphasizing the Strength of the Location.
  • Rare Drive-Thru Location: San Luis Obispo County Drive-Thrus are Extremely Scarce due to Development Restrictions
  • Future Upside Potential: Only one Five-Year Tenant Option Period, Allowing for Potential Landlord Leverage in Less than 15 Years.
  • Thriving Retail Corridor: Surrounded by National Retailers such as Walmart, Trader Joe's, Planet Fitness, Marshalls, and In-N-Out Burger.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,722 SF
Building Class
C
Year Built
2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.47 AC
Zoning
PD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
007-771-078
Land Assessment
$858,100
Improvements Assessment
$2,696,895
Total Assessment
$3,554,995
  • Listing ID: 34049863

  • Date on Market: 12/2/2024

  • Last Updated:

  • Address: 1390 W Branch St, Arroyo Grande, CA 93420

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