1386 W Main St | Gaylord, MI 49735
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1386 W Main St
Gaylord, MI 49735
Panera Bread · Retail Property For Sale
Investment Highlights
- ESSENTIAL TENANT - COVID-19 PROOF: Throughout the COVID-19 pandemic, this Panera has continued to report extremely strong sales figures.
- LONG TERM LEASE WITH INCREASES: Panera has over 10 years left of term remaining on the lease, with a 10% rent increase in 2026.
- NEWER CONSTRUCTION: The building was constructed in 2016 eliminating the need for short term capital expenditures.
- LARGE FRANCHISEE: Bread of Life LLC is a fully owned subsidiary of Manna Development Group, a Panera operator with 133 locations.
- REGIONAL TRADE AREA: Panera is surrounded by national big box retailers including Walmart, Home Depot, Lowe’s, Meijer, TJ Maxx and many others.
- EXCELLENT ACCESS POINTS: The property has multiple access points along Main St (29,231 CPD), the Gaylord market’s main thoroughfare.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,630 SF
Building Class
B
Year Built
2016
Tenancy
Single
Number of Floors
1
Building FAR
0.93
Lot Size
0.11 AC
Zoning
CM
Parking
6 Spaces (1.29 Spaces per 1,000 SF Leased)
Frontage
100 ft on W Main St
PROPERTY TAXES
| Parcel Number | 101-032-000-025-07 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £285,471 |
PROPERTY TAXES
Parcel Number
101-032-000-025-07
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£285,471
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