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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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Broker
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
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
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