Log In/Sign Up
2901 Reynolda Rd
Winston-Salem, NC 27106
Panera Bread · Retail Property For Sale
Investment Highlights
- Long Term Passive Income - 15-year Absolute NNN lease | No Landlord Responsibilities
- Attractive Rental Increases - 5% base rental increase every 5 years in initial term | 5% increase each renewal option
- Dense Retail Corridor - Over 335,000 SF of retail located within a 0.4 mile radius of the property featuring many national retailers
- Strong Lease Guaranty - Covelli Enterprises is the largest Panera Bread Franchisee in the world with over 300 locations
- Drive Thru - This Panera Bread features a drive-thru which is becoming increasingly popular as consumer’s preferences to safety continue to evolve
- Excellent Exposure - Located at the signalized corner of Reynolda Rd (28,500 VPD) and Old Town Dr with a point of ingress/egress on each road
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,200 SF
Building Class
C
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.03 AC
Zoning
HB
Property Taxes
| Parcel Number | 6817-54-8348 | Improvements Assessment | $1,535,900 |
| Land Assessment | $554,500 | Total Assessment | $2,090,400 |
Property Taxes
Parcel Number
6817-54-8348
Land Assessment
$554,500
Improvements Assessment
$1,535,900
Total Assessment
$2,090,400
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
