ESSENTIAL TENANT – COVID-19 PROOF:
• Throughout the COVID-19 pandemic, this Panera has continued to report extremely strong sales figures.
• Bread of Life LLC is a fully owned subsidiary of Manna Development Group, a Panera operator with 133 locations throughout California, Oregon, Washington, Indiana, Colorado and Michigan.
LONG TERM LEASE WITH INCREASES:
• Panera has over 10 years left of term remaining on the lease, with a 10% rent increase in 2026. All options have built in rent increases.
REGIONAL TRADE AREA:
• Panera is surrounded by national big box retailers including Walmart, Home Depot, Lowe’s, Meijer, TJ Maxx, Hobby Lobby, ULTA, PetSmart and Kohl’s.