Panera Bread
Closed639 S Cumberland St, Lebanon, TN 37087
$3,028,5711 units3,486 SF
Retail2017
Property type
Retail
Unit / Space count
1
Price
$3,028,571
Building size
3,486 sf
Rentable area
3,486 SF
Year built
2017
Year renovated
Occupancy
Zoning code
Lot size
1.01 Acres
Sold/status
Sold · Date unknown
Sale price
$3028571
Property description
Franklin Street is pleased to present this newly constructed Panera Bread in Lebanon, Tennessee. Panera will sign a new 10-year NN lease upon the completion of construction. The building is currently scheduled to be completed in early 2017 as a built to suit. Hedging against inflation, this lease offers 10% rent increases every 5 years including each option. The lease is very landlord friendly as the tenant is responsible for taxes and insurance.
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