Panera Bread | Fresno, CA

 

  • Brand New 2017 Construction – Corporate Panera Bread with Drive Thru
  • Long Term 15 Year Lease Commencing Upon Tenant Opening for Business
  • Absolute Triple Net Lease with Zero Landlord Responsibilities
  • 10% Rent Increases Every 5 Years
  • 3 x 5 Year Options to Extend
  • Outparcel to Target Anchored Shopping Center
  • Features More Than 107,000+ Residents Within a 5-Mile Radius
  • Average Household Income of $85,655 Within a 1-Mile Radius

AAA & Chronic Tacos

 

HIGHLY STABLE NET LEASE INVESTMENT

  • New 10 Year Net Leases to a National and a Regional Tenant
  • Both With 10% Rental Increases Every 5 Years
  • Brand New 2017 Construction

WITHIN A STRONG RETAIL CORRIDOR

  • Site is an Outparcel to the Marketplace at El Paseo, a 650,000 Square Foot Retail Power Center Anchored by Target, Burlington, Marshalls, Ross and Old Navy
  • Other National Major Retailers Include Ulta Beauty, Kirkland’s, Petco, Tesla, Jersey Mike’s, McDonald’s and Many More

CENTRALIZED LOCATION

  • With Excellent Visibility and Freeway Access to Highway 99 with Over 67,000 Vehicles Per Day

RAPIDLY GROWING AREA

  • Across From a Proposed 330-Unit Apartment Complex Development and a 134-Unit Residential Development
  • Over 500-Units Being Built Within a 1-Mile Radius with Over 405 Lots Planned and Additional Residential Units Proposed

STRONG DEMOGRAPHICS

  • Features More Than 107,000+ Residents Within a 5 Mile Radius
  • Average Household Income of $87,287 Within a 1-Mile Radius

NUMEROUS SCHOOLS WITHIN A 1-MILE RADIUS

  • River Bluff Elementary School (872 Students)
  • Rio Vista Middle School (833 Students)
  • Saroyan Elementary School (730 Students)
  • Norman Liddell Elementary School (700 Students)
  • While CSU Fresno (24,000+ Students) and Fresno City College (25,000 Students) are Located 10 Miles From the Subject Property