Hutto, TX (Austin MSA) 78634

Panera Bread

Property Address

320 Ed Schmidt Boulevard, Hutto, TX, USA

Offering Summary

  • Price: $3,991,500
  • Lot Size: 0.85 Acres
  • Cap Rate: 4.75%
  • Year Built: 2025
  • Building SF: 2,479
  • Status: Available
Download Brochure Submit Offer
  • 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
  • Surrounded by Several Residential Developments with 6,443 Homes Under Construction
  • Average Household Income Exceeds $119,000 in 1 Mile and $129,000 in 3 Miles

Broker Information