Panera Ground Lease

10 Years Remaining with Increases Every 2 Years, Tenant Recently Extended the Lease Early
Absolute NNN Ground Lease with No Landlord Responsibilities
Corporate Guaranty, 4,000+ Locations in 48 States
JAB Holding Acquired Panera in 2017 for $7.5 Billion
19-Year Operating History at this Location, Proven Concept in the Trade Area
High-Quality Construction with a Drive-Thru and Curbside Pickup, Drive-Thru Locations Generate 30%-60% Higher Sales
Average Unit-Level Sales for Panera Exceed $2.62 Million
Serving a Large Trade Area of Over 100,000 Residents, 57 Miles North of Downtown Indianapolis
Adjacent to Chrysler's 3.1 Million SF Transmission Plant with 4,031 Employees, Chrysler Recently Invested $400 Million to Transform Plant

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