Irreplaceable Market Positioning – Property is situated along the prime retail corridor in the city with daily traffic counts that exceed ±36,000 VPD and strong retail synergy that drives consistent consumer exposure and long-term security.
On-Site Tesla Ev Chargers – The property features 12 on-site Tesla Superchargers that contribute directly to NOI, providing an additional diversified income stream. As the only Tesla charging location in the city, the site benefits from a unique competitive advantage and consistent high-dwell traffic. Continued national growth in EV adoption further enhances the long-term relevance and desirability of the property relative to competing retail locations.
Long Term NNN Lease – With approximately ±10 years remaining on the Panera Bread lease, investors benefit from extended income certainty.
Proximity To National Tenants – Property is strategically located in the city’s main retail corridor with proximity to national retailers like Home Depot, Lowes, Aldi, Tractor Supply, McDonald’s and more.
Nationally Recognized Tenant – Panera Bread is a nationally known fast-casual brand with over 2,000 locations nationwide, providing strong brand recognition and proven scalability.
Strong Guaranty From Largest Panera Bread Franchisee – Covelli Enterprises is recognized as one of the best Panera Bread franchisees in the country, operating ±300 locations across 8 states.