Queen Creek, AZ 85142

Panera Bread Ground Lease

Property Address

20670 East Victoria Lane, Queen Creek, AZ, USA

Offering Summary

  • Price: $5,104,000
  • Lot Size: 1.08 Acres
  • Year Built: 2023
  • Building SF: 3,857
  • Status: CLOSED
Download Brochure Submit Offer
  • Brand New 15-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • 10 Percent Rental Increases Every Five Years
  • 2023 Build - Panera's New NextGen Store Design Featuring Two Drive Thru Lanes
  • 138,384 Residents within a Five-Mile Radius - Phoenix MSA
  • Situated within a Rapidly Growing Trade Area - Population and Households are Projected to Increase Over 24 Percent within a Three-Mile Radius of the Subject Property by 2027
  • Average Household Income Exceeds $134,000 within Three Miles
  • Hard Corner Location Along Queen Creek's Main Thoroughfare - More Than 75,700 Cars per Day Along South Ellsworth Loop Road
  • Located in Queen Creek's Dominant Retail Corridor Across from Queen Creek Marketplace - Tenants Include Target, Walmart, HomeGoods, Trader Joe's, and PetSmart
  • Less Than One Mile from 452 Brand New Single-Family Homes at Ellsworth Ranch by Taylor Morrison

Broker Information