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33731371

1275 Boardman Road, Jackson, MI 49202

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$2,779,065
1 day on market
Updated 1 day ago

Panera Bread & Pizza Hut

Details
Property Type Retail
Square Footage 8,739
Cap Rate 5.82%
NOI $161,763
Occupancy 100%
Tenancy Single
Brand/Tenant Panera Bread
Lease Type Absolute NNN
Lease Term 30
Lease Expiration 10/02/2035
Remaining Term 9.3
Rent Bumps Yes
Lease Options Two (2), Five (5)-Year Options
Acreage 0.910
Lease Commencement 10/03/2005
Ground Lease Yes

Single Tenant Master Lease with Multi-Brand Diversity | $5M+ Annual Reported Sales

Marketing description

Landmark Investment Sales is pleased to present a dual-tenant net lease investment (structured as a single lease) anchored by Panera Bread and Pizza Hut, providing proven multi-brand diversity with a passive lease structure. The two operators report $5M+ in annual sales with 20+ years of continuous occupancy and a recently executed 10-year early renewal. At just $18.50 PSF all-in against a market leasing well above $40.00 PSF, the rent basis is significantly below market. The property is an outparcel to a newly redeveloped center anchored by Burlington, Hobby Lobby, Planet Fitness, and Buckle, and adjacent to Jackson Crossings, a 420,238 square foot regional power center drawing 2M+ annual visitors, with direct visibility from I-94 (50,000 VPD).

Investment highlights

  • $5,000,000+ Reported Sales
  • Significantly Below Market Rent
  • Highly Successful Operators
  • Long Standing Tenant History
  • Recent 10-Year Early Renewal
  • Active Submarket with New Growth

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$161,763.00
$13,480.25/mo

Valuation Metrics

0
DSCR
5.82%
Cap Rate
5.82%
ROI

Map

Zoning

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PB PlannedPlanned Building Group Shopping Center
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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