Monticello, MN (Minneapolis MSA) 55362

Panera Bread

Property Address

1495 East 7th Street, Monticello, MN, USA

Offering Summary

  • Price: $3,384,000
  • Lot Size: .932 Acres
  • Cap Rate: 5.0%
  • Year Built: 2025
  • Building SF: 2,400
  • Status: Available
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  • 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 of Nearly $3.5 Million, Equates to a Rent-to-Sales Ratio Less Than 5%
  • Brand New High-Quality Construction with a Drive-Thru
  • Outparcel to Super Target, Home Depot, Marshall’s, and Petsmart Anchored Power Center
  • Serving Over 121,800 Residents in Rapidly Growing Suburb to Minneapolis
  • Surrounded by Several Residential Developments, Wright County is the Fastest Growing County in Minnesota

Broker Information