PANERA BREAD

INVESTMENT HIGHLIGHTS

• STRONG AND ESTABLISHED TENANT
  • This property is leased to Panera Bread, one of the nation’s most trusted and renowned fast-casual restaurant chains.
  • With over 2,100 locations nationwide and a solid presence in the Rochester area, Panera Bread is a reliable and creditworthy tenant with a strong track record.
• PRIME LOCATION
  • Situated directly across the street from a 300,000+ SF retail power center anchored by national giants like Target, Wegmans, and JOANN Fabrics and Crafts.
  • Proximity to other national credit tenants, including ALDI, The Home Depot, Staples, Walgreens, Taco Bell, McDonald’s, and Moe’s Southwest Grill, creates a powerful tenant synergy, driving consistent foot traffic and boosting crossover shopping to the site.
• EXCEPTIONAL DEMOGRAPHICS
  • Rochester is a booming market in Upstate New York, home to over 100,000 residents in a 5 mile radius of the investment. Its continued growth has been fueled by its low cost of living.
  • Penfield, NY is one of the most affluent suburbs in the Rochester MSA with an average household income over $113,000 within a 1-mile radius of the site.
• DRIVE-THRU ADVANTAGE
  • Panera Bread’s savvy incorporation of a drive-thru into its business model ensures consistent demand throughout various economic cycles.
  • The brand’s emphasis on quick, quality meals and a welcoming atmosphere has demonstrated remarkable stability, making this investment an attractive option for both short-term and long-term investors.
• GROWING ENVIRONMENT
  • The Fairport Nine Mile Rd area has recently witnessed an upswing in commercial development. Notably, a new construction Burger King traded in August 2023 for an impressive 4.95% Cap Rate.
• STRONG TRAFFIC COUNTS
  • High Visibility, High Potential
  • The property enjoys a strategic location along Fairport Nine Mile Road, seeing over ±15,000 vehicles per day.
• PROXIMITY TO LOCAL MEDICAL AND EDUCATIONAL FLAGSHIPS
  • Subject property is located in the heart of community essentials.
  • The investment is strategically positioned less than 1-mile away from Harris Hill Elementary School and multiple medical office parks and facilities, including UR Medicine Primary Care, Penfield Pediatrics, and more.