Manitowoc, WI 54220

Panera Bread

Offering Summary

  • Price: $2,892,000
  • Lot Size: 1.38 Acres
  • Cap Rate: 5.65%
  • Year Built: 2019
  • Building SF: 4,300
  • Status: In Escrow
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  • New 10-Year Corporate Guaranteed Lease
  • Transferable 20-Year Roof Warranty
  • 10% Rental Increases Every 5 Years
  • Brand New 2019 Construction with a Drive-Thru
  • 36,451 Residents in Growing Manitowoc Trade Area - Households Projected to Increase 7%+ in Immediate Area by 2023
  • Signalized Hard Corner Visible to 27,200+ Cars/Day at the Calumet Ave & S Rapids Road Intersection
  • Adjacent to a Brand New Meijer Grocery Store, Coming 2020
  • Situated in Manitowoc’s Primary Retail Corridor - Lowe’s, Kohl’s, Walmart Supercenter, Festival Foods, Office Max, Aldi, and More
  • Directly Off the Interstate 43, Major Connector Between Milwaukee and Green Bay
  • Close Proximity to Milwaukee’s Expo Center and Fairgrounds

Broker Information