$3,991,500 USD
858-373-3174
320 Ed Schmidt Blvd
Hutto, TX 78634
Far Northeast
HIGHLIGHTS
- 15-Year Absolute NNN Lease with 8% Increases Every 5 Years
- Corporate Guaranty by Panera, LLC, 2,216+ Locations and $6.45 Billion in Revenue
- Average Unit-Level Sales for Panera is Approximately $3.5 Million
- Brand New High-Quality Construction with a Drive-Thru
- Serving Over 109,500 Residents in Rapidly Growing Suburb to Austin, 27 Miles Northeast of Austin
- Hutto is One of the Fastest Growing Cities in the U.S., 63% Population Growth within 3 Miles from 2020-2024
FOR SALE DETAILS
PRICE
$3,991,500 USD
PRICE/SF
$1,663 USD /SF
CAP RATE
4.75%
% LEASED
-
TENANCY
Single
STATUS
Proposed
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Panera Bread
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
4.06 AC
LAND SF
177,011 SF
ZONING
-
APN/PARCEL ID
R629012
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858-373-3174
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858-373-3174
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