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3511 S 27th 4,300 SF Retail Building Milwaukee, WI 53221 $2,480,000 ($576.74/SF) 7.25% Cap Rate
Investment Highlights
- Double Net Lease through 2036 with a 10% Rent Increase in 2032
- Three Five-Year Options with 10% Rent Increases
- Transferrable 20-Year Roof Warranty
- Built in 2020 on a High-Traffic Corner with a Drive-Thru
- Corporate Guarantee - Over 2,200 Locations
Property Facts Under Contract
Amenities
- Pylon Sign
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 4,300 SF
- -
- Double Net
- Jul 2036
Panera began in 1987 as St. Louis Bread Company, a humble community bakery founded with a sourdough starter from San Francisco and a dream of putting a loaf of bread in every arm. While Panera's business has expanded well beyond St. Louis since then, that same sourdough starter is still used in their iconic sourdough bread and the craft of baking bread fresh each day remains at the heart of Panera Bread. Each day their trained bakers fill their bakery shelves with delicious freshly baked cookies, pastries, bagels, and a range of breads from focaccia to classic baguettes. Panera Bread is privately held by JAB Holding Company. Panera Bread is part of Panera Brands, one of the largest fast casual restaurant platforms in the U.S., comprised of Panera Bread®, Caribou Coffee® and Einstein Bros.® Bagels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 4,300 SF | - | Double Net | Jul 2036 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 553-0772-000-X | Improvements Assessment | $1,219,400 |
| Land Assessment | $314,400 | Total Assessment | $1,533,800 |
Property Taxes
Presented by
3511 S 27th
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