2911 State Highway 121
Euless, TX 76039
Panera Bread · Retail Property For Sale

LONG-TERM STABILITY AND IMPROVING CASH FLOWS - 11+ years remaining on the initial ground lease - Corporate guaranteed lease with Panera, LLC - Significant capital contribution by Panera Bread, ie Ground Lease - 10% fixed rental increases every 5 years in both the initial term and options - 2015 construction and Panera Bread’s newest prototype building with drive-thru and patio seating - Oversized 1.28-acre parcel providing for flexibility of future redevelopment - Three (3), five (5) year options to renew HIGH PROFILE MIXED USE DEVELOPMENT - Panera Bread is part of the 194-acre Glade Parks Town Center which is roughly 50% complete and upon completion will include roughly 800,000 square feet of high-end retail, upscale dining and a 1.2-acre park complete with nature trails - The collection of national retailers, unique restaurants and entertainment venues such as Cinepolis Movie Theatre makes Glade Parks a rival to any other lifestyle center in the Metroplex - Glade Parks Town Center Less than 5 miles from Dallas-Fort Worth Airport, which sees over 70 million passengers, making it the 3rd busiest airport in the world - In addition to the combination of big-box and high-end retail, Glade Parks will also include over 125 luxury single-family homes of which 50% have already been sold, and over 400 luxury urban loft apartments that have been constructed and are 100% leased - Apart from having fantastic visibility and access from State Highway 121 which sees over 131,000 cars per day, the highly anticipated Glade Parks Town Center is less than 10 miles from AT&T Stadium which plays host to the Dallas Cowboys