Retail    

Panera Bread
(Ground Lease)

 Overland Park (Kansas City), KS

Asking Price

$2,105,300

Cap Rate

4.75%

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Expenses

Abs. NNN

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Year Built

2024

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Ground Lease

Fee Simple

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NOI

$100,000

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Rent Increases

10% Every 5 Years

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Acreage

0.85 AC

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Strong Franchise Operator | Subsidiary of Flynn Group - $5B Annual Revenue
  • Brand New Construction Panera Bread with Drive-Thru
  • 10-Year, Absolute Net Ground Lease | 10% Rent Increases Every 5 Years | Low Price Point
  • Frontage on Metcalf Avenue (38K VPD) | Signalized Hard Corner
  • Excellent Local Demographics | 266,513 Residents Within 5 Miles | $128,795 Average HH Income
  • Affluent, Growing Kansas City Suburb | 13.8% Population Growth
  • Robust Retail Corridor | Millions of Annual Visits | Proposed 300-Unit Multifamily Development

Exclusively Listed By

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com      918.794.9551

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com      918.794.9523

Anne Perrault

Vice President
  aperrault@northmarq.com      918.794.9538

David Annett

Associate Vice President
  dannett@northmarq.com      918.794.9514

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com      918.794.9558

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

Chad Byerly

Vice President
KS License #BR00236011

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