Interested in selling your Panera Bread NNN property or Panera Bread ground lease property and was wondering what you can get for it in today’s changing market?
Contact us for a complimentary broker opinion of value for your off-market Panera NNN property for sale or Panera ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Panera NNN property or the inclusion of a Panera ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Panera properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
As of January 2023, Panera Bread has over 2,200 bakery cafes in the United States and Canada.
Revenue and income
In 2022, Panera Bread’s total revenue was $6.5 billion. Net income was $340 million.
Future plans
Panera Bread plans to continue expanding its presence across North America. In 2023, the company aims to open over 100 new bakery cafes. Panera Bread also focuses on enhancing its customers’ digital ordering and delivery experience.
Corporate vs. franchise
Most Panera Bread bakery-cafes are corporate-owned, with a smaller portion franchised. Franchisees typically pay a franchise fee and ongoing royalties to operate a Panera Bread bakery cafe.
Additional information Panera Bread Properties
Panera Bread was founded in 1987 in St. Louis, Missouri.
The company is known for its bakery products, sandwiches, soups, and salads.
Panera Bread is committed to providing clean, wholesome food options, emphasizing quality and transparency.
Panera Bread is part of JAB Holding Company, a privately held group with a diverse portfolio of global consumer brands.
Panera Bread History
Panera Bread originated in 1987 when Ken Rosenthal, Ron Shaich, and Louis Kane founded the company in St. Louis, Missouri. Initially established as “The St. Louis Bread Company,” it quickly gained popularity for its artisanal bread and quality bakery products. In 1993, the company underwent a name change to Panera Bread, reflecting its broader menu that included sandwiches, soups, and salads. The brand’s commitment to using high-quality and wholesome ingredients was pivotal in its expansion and achievements. Panera Bread was a trailblazer in introducing the bakery cafe concept, providing a cozy and welcoming atmosphere for its patrons.
Why Invest in Ground Lease and NNN Lease of Panera Bread?
Investing in Panera Bread’s ground lease and triple net (NNN) lease properties provides several compelling reasons:
1) Panera Bread NNN Property Investment: Stable income
Panera Bread’s strong brand and consistent customer base provide a dependable source of income. Ground and NNN leases ensure predictable cash flows over the long term.
2) Panera Bread NNN Property Investment: Established tenant
The well-established Panera Bread brand reduces the risk of vacancy or lease default, guaranteeing a reliable tenant for the property.
3) Panera Bread NNN Property Investment: Low management responsibility
In-ground and NNN leases, the tenant manages property maintenance and expenses, reducing the landlord’s management duties.
4) Panera Bread NNN Property Investment: Favorable lease terms
Long lease terms with built-in rent escalations offer a stable income and the potential for rental growth.
5) Panera Bread NNN Property Investment: Real estate value
Panera Bread’s strategic locations in high-traffic areas can increase property value, providing potential for capital appreciation.
Pros and Cons of Panera Bread Ground Lease and NNN Lease Investment
Pros:
1. Stable income from a well-established brand.
2. Established tenant minimizes vacancy and lease default risks.
3. Minimal management responsibilities for landlords.
4. Long lease terms ensure stability and potential for income growth.
Cons:
1. Lease renewal risk when the term expires.
2. Dependence on Panera Bread’s success and operational challenges.
3. Market saturation and competition may affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.
Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are crucial. Seek guidance from real estate professionals and financial advisors to align with your investment goals and risk tolerance.