Union (Cincinnati, OH MSA), KY 41091

Panera Bread & Glamour Nails & Spa

Offering Summary

  • Price: $4,065,000
  • Lot Size: 1.71 Acres
  • Cap Rate: 6.35%
  • Year Built: 2019
  • Building SF: 7,519
  • Status: In Escrow
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  • 100% Occupied by Panera Bread and Glamour Nails & Spa III
  • 15-Year Lease with Panera Bread, the Largest Franchisee with 315+ Locations
  • 10-Year Lease with Glamour Nails & Spa, Strong Personal Guaranty from Experienced Operator
  • Brand New 2019 Brick Construction with a Drive-Thru, Minimal Landlord Responsibilities
  • 15 Miles Southwest of Downtown Cincinnati
  • Serving 103,290 Residents in Rapidly Growing Trade Area
  • Surrounded by Multiple Upscale Housing Developments, Storypoint (162 Units), Affinity (294 Units), Traemore (172 Lots), and Westbrook Estates (308 Units)
  • Average Household Income Exceeds $104,000 within 1 and 3 Miles
  • Outparcel to a New $31 Million Kroger Marketplace, the 2nd Largest Kroger in the U.S. with 500 Employees
  • Hard Corner Location at Signalized Intersection, Highly Visible to 28,760 Cars/Day

Broker Information