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Off Market
1/1

12750 SW 152nd St
Miami, FL 33177


OVERVIEW

Rare, newly constructed Panera Bread with drive-thru in the Miami Metropolitan Area New 10 year Corporate Ground Lease with zero landlord maintenance obligations Below market rent, priced below replacement cost Infill market with high barriers to entry and AHHI of over $87,000 within 3 miles Outparcel to Botanica, a new mixed-use development anchored by a 24-Hour Walmart Supercenter, LA Fitness and 900 residential units SW 152nd St. carries 53,500 cars per day and is a major retail thoroughfare with connectivity to the FL Turnpike 10% rent increases provide hedge against inflation Panera Bread operates approximately 2,300 bakery cafes across the U.S. and Canada and was the best performing restaurant stock of the last 20 years, delivering a total shareholder return up 86-fold Florida has no state income tax

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Panera Bread

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

4588

STORIES

1

YEAR BUILT

2020

SPRINKLERS

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PARKING SPACES

15

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

30-5926-017-0080