Listed by SRS Real Estate Partners Tampa
$2,956,500
Panera Bread - Cleveland (Wadsworth) OH
Details
APN 040-20A-06-044
Property Type Retail
Sub Type Restaurant
Square Footage 5,590
Cap Rate 5.75%
NOI $170,000
Occupancy 100%
Tenancy Single
Brand/Tenant Panera Bread
Lease Type Absolute NNN
Rent Bumps Yes
Lease Options 4 (5-Year)
Year Built 2011
Buildings 1
Acreage 0.900
Zoning C-4: Highway Interchange Commercial District
Parking Spaces 62 spaces
Parking per 1,000 SqFt 11.09
Investment Type Sale/Leaseback
Tenant Credit Franchisee
Ground Lease No
Ownership Fee Simple
Single Tenant Absolute NNN Investment Opportunity
Investment highlights
- Brand New 10-Year Lease | Largest Panera Franchisee (54 Units) | 7.50% Rental Increases | Options To Extend | Drive-Thru Equipped
- Absolute NNN | Fee Simple Ownership |Zero Landlord Responsibilities
- Hard Corner Location | Dense Retail Corridor | Surrounding Big Box Retailers
- Excellent Visibility From I-76 (51,200 VPD) | Outparcel To Great Oaks Shopping Center | Wadsworth Crossings
- Demographics In 5-Mile Trade Area | Akron MSA
Listing Contacts
Listed by SRS Real Estate Partners Tampa
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$170,000.00
$14,166.67/mo
Valuation Metrics
0
DSCR
5.75%
Cap Rate
5.75%
ROI
Map
Zoning
C-4 CommercialSpecial CommercialHighway Interchange District
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View all 4 uses
View all 4 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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