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30024693
30024694

8190 Laura Lane, Davenport, FL 33896

VF
TX 841471
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services
$4,900,000
21 days on market
Updated 21 days ago

Panera Bread

Details
Property Type Retail
Sub Type QSR/Fast Food
Square Footage 4,925
Cap Rate 4.29%
NOI $210,000
Occupancy 100%
Tenancy Single
Brand/Tenant Starbucks, Wendy's (+4)
Lease Type Absolute NNN
Lease Term 15.1
Lease Expiration 12/31/2036
Remaining Term 10.6
Rent Bumps Yes
Lease Options Four (4), 5-Year; 7.5%
Price per SqFt $995
Year Built 2018
Acreage 1.980
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2021
Ownership Fee Simple
Sale Condition 1031 exchange

Retail | 4.29% CAP | 4,925 SqFt

Marketing description

Trinity Real Estate Investment Services is pleased to present the opportunity to a Panera Bread in Davenport, FL. This property features an Absolute NNN Lease with zero landlord responsibilities, over 10.5 years remaining on the primary term, and ranks in the top 94% of Panera Bread locations citywide and top 85% nationwide, underscoring exceptional store performance.

Property Website: https://trinityreis.com/listing/8190-laura-lane/

In cooperation with Brian Brockman at Bang Realty-Naples, Inc | FL #BK3327646 | [email protected] | (513) 898-1551

Investment highlights

  • Panera Bread in Davenport, FL With 10.5+ Years Remaining on Primary Term

  • Ranked in the Top 94% of Panera Bread Locations Citywide and Top 85% Nationwide, Reflecting Exceptional Store Performance

  • Absolute NNN Lease – Zero Landlord Responsibilities

  • 7.5% Rent Increases Every 5 Years

  • Situated Directly Off Interstate 4 (141,000 VPD) Along Champions Gate Boulevard (30,000+ VPD)

  • Explosive Growth Corridor – 5-Mile Population Grew 200% Since 2010 and Projected to Grow Another 17.85% by 2030

  • Prime Location Within a Thriving Retail Corridor Anchored by Well‑Established National Brands, Including Publix, Circle K, Chili’s, Walgreens, McDonald’s, and Olive Garden

  • Strong Growth Trends Supported by Surrounding Upscale Residential Neighborhoods and Additional Communities Under Development

  • Affluent Orlando Suburb With a 5-Mile Population of 93,000 and Avg. Household Incomes of $108K+

  • Davenport and ChampionsGate, Part of the Orlando Metro, Thrive on Tourism, Residential Growth, and Continued Development

Listing Contacts

VF
TX 841471
Trinity Real Estate Investment Services
Listed by Trinity Real Estate Investment Services

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$210,000.00
$17,500.00/mo

Valuation Metrics

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DSCR
4.29%
Cap Rate
4.29%
ROI

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