Panera Bread

Tenant

Panera Bread

Location

Joliet, IL

Price

$4,325,000

CAP Rate

5.40%

NOI

$233,542

Lease Term

20 Years Remaining

Occupancy

100%

Building Size

5,077 Sq. Ft.

Property Type

Single Tenant

Year Built

2020

Lot Size

1.58 acres

Status

Closed

Property Contacts:

Karly Iacono

Vice President

(201) 742-6119 | Email

  • 20 Year Absolute NNN Lease
  • Shadow Anchored by Walmart and Menards
  • 10% Rental Increases Every 5 Years
  • Excellent Demographics | 91K+ People in 3 Miles
  • High Traffic Location | 28,195 VPD
  • Situated on a Hard Corner
  • Located ½ Mile from Presence Saint Joseph Medical Center | 480 Beds