PANERA BREAD

INVESTMENT HIGHLIGHTS

• LEASE TERMS & GUARANTOR – Tenant has ±5 years remaining on the first option with two 5-year options to extend at 10% rental increases, backed by a corporate guarantee (2,173+ locations nationwide).
• OWNERSHIP & LEASE TYPE – Fee Simple, NN+, lease (Minimal landlord responsibilities).
• PROPERTY FEATURES – Drive-thru equipped on ±2.00 acres, built in 2014.
• HIGH TRAFFIC COUNT – Over 2 acres off Nashville Pike and Lock Rd, with 30,170+ VPD.
• DENSE RETAIL POCKET – Surrounded by multiple nationally recognized tenants such as Walmart, Zaxby’s, Cracker Barrel, Chick-Fil-a, Starbucks, Kroger, O’Charley’s, ALDI, Wendy’s, AT&T & much more.
• STRONG DEMOGRAPHICS – Average household income over $101,221 within a 3-mile radius, with retail vacancy at just 3.75%.
• ADDITIONAL FEATURES – Ample parking, multiple access points, fantastic visibility, and located in a tax-free state.
• INVESTMENT GRADE TENANT – BAA/BBB+
• LOCATIONS – Over 2,173+ nationwide.
• GOING PUBLIC AGAIN – Panera Bread holding company (JAB Holding) is preparing to go public again.
  Corporate Guarantee
• REVENUE – Surpassed $4.8 billion in 2022 in its last public report