High Point, NC 27262

Panera Bread

Property Address

1923 North Main Street, High Point, NC, USA

Offering Summary

  • Price: $3,982,000
  • Lot Size: 1.725 Acres
  • Cap Rate: 5.15%
  • Year Built: 2020
  • Building SF: 4,517
  • Status: Available
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  • 15-Year Absolute NNN Lease with 5% Increases Every 5 Years
  • Largest Panera Franchisee in the U.S. with 350+ Locations, Award-Winning and Experienced Operator
  • New High-Quality Construction with a Drive-Thru
  • ​Serving Over 111,000 Residents in Growing Trade Area, the Piedmont Triad Region is the 30th Largest MSA in the U.S.
  • ​Highly Visible to 30,400 Cars/Day Along Major Artery
  • Adjacent to High-Volume Publix Anchored Shopping Center
  • Primary Retail Corridor with a Walmart Supercenter, Target, Home Depot, Lowe’s, Publix, Harris Teeter, Food Lion, Hobby Lobby, TJ Maxx, and Many More
  • Strong Daytime Population, Approximately 60,000 Employees within a 5-Mile Radius

Broker Information