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Westfield, IN 46074
Panera Bread
Property Address
222 East 175th Street, Westfield, IN, USA
Offering Summary
Price:
$4,909,000
Lot Size:
2.23 Acres
Cap Rate:
5.15%
Year Built:
2026
Building SF:
3,200
Status:
Available
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15-Year Absolute NNN Lease with 8% Increases Every 5 Years
Corporate Guaranty by Panera, LLC (2,239+ Locations and $6.12 Billion in Revenue)
Average Unit-Level Sales for Panera are Approximately $3.3 Million
Brand New High-Quality Construction, Modern Prototype Design with a Drive-Thru
Serving Over 112,000 Residents in Rapidly Growing Suburb to Indianapolis
Westfield is One of the Fastest Growing Cities in the U.S., 35%+ Population Growth Since 2020
Surrounded by Several Residential Developments with 8,800 New Homes
Average Household Income Exceeds $150,000 within 1 and 3 Miles and $162,000 within 5 Miles
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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