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Brand New 15 Year NNN Panera Bread - Availability Details

1484 Coolidge Hwy, Troy, MI 48084

  • For Sale $5,100,000
  • Property Type Retail - Street Retail
  • Property Size 4,510 SF
  • Lot Size 2.02 Acre
  • Year Built 2006
  • Year Renovated 2022
  • Date Updated May 09, 2022

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Reach out to the broker for more info on lease terms and amenities

Location

  • City Troy, MI
  • Neighborhood Troy
  • Zip Code 48084
  • Market Detroit

Contacts

broker

Tommy Hannawa

Encore Real Estate Investment Services

(248) 702-0624

Highlights

  • Relocation Store From In-Line Space Within the Market to Panera's New Drive Thru Concept.
  • Absolute NNN Lease - Zero Landlord Obligations Whatsoever.
  • Brand New 15 Year Initial Term - Stable Cash Flow Asset.
  • Rental Escalations Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation.
  • Corporate Backed Guaranteed by Panera LLC - More than 2,200 Locations in 47 States and The District of Columbia
  • Troy Michigan One of the Most Sought-after Markets in Oakland County: Population Exceeds 10,375 Within a 1 Mile Radius.
  • Average Household Income: $101,177 Within a 1 and 3 Mile Radius.
  • Surrounded by National Tenants: Whole Foods, Target, Kroger, Rite Aid, LA Fitness, The Home Depot, and Many More

Frequently Asked Questions

What year was Brand New 15 Year NNN Panera Bread built and finished?

Brand New 15 Year NNN Panera Bread was completed in 2006.

Contact Listing Broker

broker

Tommy Hannawa

Encore Real Estate Investment Services

(248) 702-0624

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