2965 White Bear Ave N | Maplewood, MN 55109
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- LoopNet Team
2965 White Bear Ave N
Maplewood, MN 55109
Panera Bread Company: Maplewood, MN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Panera's Absolute NNN ground lease commenced in Feb. 2019 and features 15 yrs. of primary term with two 5-year renewal options.
- The site has excellent access & visibility on White Bear Ave (17,994 VPD) and is just 0.5 south of I-694 (79,089 VPD).
- Minneapolis-St. Paul MSA
- This location has demonstrated very strong sales performance with 2021 sales in excess of $600 PSF (Contact Broker for Details).
- Outparcel to Maplewood Mall
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,895 SF
Building Class
C
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.10 AC
Zoning
Commerical
Parking
52 Spaces (9.99 Spaces per 1,000 SF Leased)
Frontage
233’ on White Bear Avenue
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 02-29-22-24-0006 | Improvements Assessment | $1,083,600 |
| Land Assessment | $961,800 | Total Assessment | $2,045,400 |
PROPERTY TAXES
Parcel Number
02-29-22-24-0006
Land Assessment
$961,800
Improvements Assessment
$1,083,600
Total Assessment
$2,045,400
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