Retail    

Panera Bread

 Durham, NC

Asking Price

$5,053,000

Cap Rate

4.75%

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Expenses

Absolute NNN

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Year Built | Ren

2014 | 2024

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LTR

15 Years

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Avg HHI

$127,398

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Square Feet

4,364 SF

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • New Corporate Panera Lease
  • Relocation Site with Coveted Drive-Thru 
  • New 15-Year Absolute NNN Lease
  • A+ Retail Trade Area - Walmart, Home Depot, Dick’s Sporting Goods & More

 

  • Frontage on 15-501 / Durham-Chapel Hill Blvd – 52,500+ VPD
  • 8,750+ Apartments within 2-Mile radius – adjacent to new development projects  Avalon Oakridge (932-units) and Piedmont Patterson Place (299-units)
  • Tesla Supercharging Station 

Exclusively Listed By

Joshua Pardue, CCIM

Senior Vice President
  jpardue@northmarq.com      646.841.0631

In Association With
Shaan Dadlani

NC License #312540

Northmarq

120 West 45th Street, Suite 2610
New York, NY 10036


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