Panera

811 Jefferson Road, Henrietta, NY
Deal Type:
Net Lease
Price:
$4,784,000
Cap Rate:
5.00%
Current Rent:
$239,200
Lease Type:
DoubleNet
Lease Term:
15 years
Landlord Responsibilities:
roof/structure/parking lot
Renewal Options:
4, 5-year options
Building Sq. Ft.:
4,600 SF
Rent Increases:
10% every 5 years
Site Size:
.814 Acres

Investment Highlights

  • Corporate Panera Bread, a leading fast casual concept with over 2,100 locations.
  • Outparcel of a new Hobby Lobby, along a dense retail corridor; area retailers include: Home Depot, PetSmart, Chick-Fil-A, Aldi, Burlington, and Dick’s Sporting Goods.
  • Highly visible site with multiple points of access and over 29,900 vehicles per day along Jefferson Road.
  • Brand-New, high-quality construction Panera with a 15 year initial term, 10% increases every 5 years and limited landlord responsibilities.

Listing Agents

phil digennaro stream capital partners

Phil DiGennaro

Managing Director
203 610 1541
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

Adam Baxter

Vice President
205 394 3520
[email protected]

Broker of Record: Michael Antonoplos, NY-109923763

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