Property History
ATTRACTIVE LEASE FUNDAMENTALS
- 8% rent increase every 5 years and during options periods
- Absolute NNN providing no Landlord Responsibilities
- 15 Year Lease with Three (3) - Five (5) year option periods
STRONG CORPORATE GUARANTEE
- Corporate Guarantee from Panera, LLC
- JAB Holdings acquired Panera, LLC in 2017 for $7.5 billion dollars
- There are over 2,100+ Panera Bread locations operating across the United States and Canada
NEW CONSTRUCTION
- The site is set to open in the fall of 2025, and the property is the tenant’s newest prototype which includes a drive-thru
HIGH GROWTH UPSTATE SC
- Over 25+ colleges and universities in the Upstate region providing ~28K graduates to the workforce each year
- Greenville, SC and the upstate area has had over $11B of capital investment in the trailing 3 years
- 13.5% population growth since 2014
POSITIONED IN DENSE RETAIL NODE
- Fronting E. Greenville St - over 23K Cars per day
- Within a 1-mile radius of the subject site is more than 468K SF of retail space
- Nearby national retailers include: Publix Supermarket, Walmart Neighborhood Market, Dollar Tree, Goodwill, and more
IMMEDIATE NEARBY MARKET DRIVERS
- Just 0.4 miles south of the site is McCants Middle School which has more than 560 students enrolled
- 0.8 Miles south of the site is the NHC Healthcare Anderson Hospital which has around 300 beds and serves as a nursing home and hospital
- 0.8 Miles north of the site is the Anmed Medical Center with over 450 beds for acute care
ATTRACTIVE LEASE FUNDAMENTALS
8% rent increase every 5 years and during options periods
Absolute NNN providing no Landlord Responsibilities
15 Year Lease with Three (3) - Five (5) year option periods
STRONG CORPORATE GUARANTEE
Corporate Guarantee from Panera, LLC
JAB Holdings acquired Panera, LLC in 2017 for $7.5 billion dollars
There are over 2,100+ Panera Bread locations operating across the United States and Canada
NEW CONSTRUCTION
The site is set to open in the fall of 2025, and the property is the tenant’s newest prototype which includes a drive-thru
HIGH GROWTH UPSTATE SC
Over 25+ colleges and universities in the Upstate region providing ~28K graduates to the workforce each year
Greenville, SC and the upstate area has had over $11B of capital investment in the trailing 3 years
13.5% population growth since 2014
POSITIONED IN DENSE RETAIL NODE
Fronting E. Greenville St - over 23K Cars per day
Within a 1-mile radius of the subject site is more than 468K SF of retail space
Nearby national retailers include: Publix Supermarket, Walmart Neighborhood Market, Dollar Tree, Goodwill, and more
IMMEDIATE NEARBY MARKET DRIVERS
Just 0.4 miles south of the site is McCants Middle School which has more than 560 students enrolled
0.8 Miles south of the site is the NHC Healthcare Anderson Hospital which has around 300 beds and serves as a nursing home and hospital
0.8 Miles north of the site is the Anmed Medical Center with over 450 beds for acute care
Anderson, South Carolina, is a charming city located in the northwest part of the state. Known as “The Electric City” due to its early adoption of electricity, Anderson offers a mix of historical charm and modern amenities. Major attractions for both locals and visitors include Lake Hartwell, theAnderson County Museum, Denver Downs Farm, and Carolina Wren Park.
Anderson has a strong manufacturing base, with companies like Michelin and Electrolux having significant operations in the area. Anderson University and AnMed Health are major employers, contributing to the educational and healthcare services in the region. The surrounding area is also known for agriculture, particularly in crops like soybeans and corn, and the presence of numerous family-owned farms.
The city has a diverse population, with a mix of different ethnicities and backgrounds, contributing to a rich cultural fabric. The median age in Anderson is around 38 years, with a balanced mix of age groups, from young professionals to retirees.
Featuring a variety of shops, restaurants, and cultural venues, the downtown area is a hub of activity and a focal point for community events.Palmetto Distillery is known for its craft spirits, particularly moonshine and whiskey, the distillery offers tours and tastings.
Anderson, SC, combines a rich history with a dynamic present, offering residents and visitors a variety of attractions and economic opportunities. The city’s emphasis on education, healthcare, and manufacturing, along with its cultural and recreational amenities, make it a vibrant community in the heart of South Carolina.
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