Panera Bread

• Recent 5-Year Renewal | History of Operational Success – Panera recently exercised their first renewal option, demonstrating continued site-level commitment and profitability.
• Premier Location in Nashville MSA – Walmart outparcel located across from Lowe’s, with traffic counts exceeding 24,000 VPD.
• Fastest Growing County in TN – Wilson County has experienced sustained growth as one of Nashville’s premier suburbs, supporting annual population growth of approximately 3.1%.
• Large Building & Parcel – 4,000 SF building (approximately) situated on 1.01 acres. Future owners have limited reuse options.
• Rental Increases – Lease includes scheduled 10% rent increases every 5 years and at each option period.
• Corporate Guaranty – Panera was acquired by JAB Holding Company in 2017 for $7.5 billion. JAB operates over 2,187 Panera Bread locations in the United States, as well as Einstein Bros. Bagels, Caribou Coffee, and Krispy Kreme.
• Nashville MSA – One of the nation’s hottest tourism destinations, with annual GDP exceeding $204.9 billion. In-N-Out Burger recently relocated its national headquarters to Middle Tennessee.