Panera Bread New 15Year Corporate Nnn Lease — Sale in Westfield (Indianapolis Msa), IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Westfield (Indianapolis Msa), IN 46074

Investment Figures

Cap rate
5.35%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present the Panera Bread in Westfield, Indiana. Investment Highlights: • 15-Year Absolute NNN Lease with 8% Increases Every 5 Years • Corporate Guaranty by Panera, LLC (2,239+ Locations and $6.12 Billion in Revenue) • Average Unit-Level Sales for Panera are Approximately $3.3 Million • Brand New High-Quality Construction, Modern Prototype Design with a Drive-Thru • Serving Over 112,000 Residents in Rapidly Growing Suburb to Indianapolis • Westfield is One of the Fastest Growing Cities in the U.S., 35%+ Population Growth Since 2020 • Surrounded by Several Residential Developments with 8,800 New Homes • Average Household Income Exceeds $150,000 within 1 and 3 Miles and $162,000 within 5 Miles

Market Context

This retail in Westfield (Indianapolis Msa), IN is listed for sale. It is offered at an approximate 5.3% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Westfield (Indianapolis Msa), IN — view the full market.

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