Panera Bread Real Estate For Sale

Leasing agreements are usually fifteen to twenty year with 1-2 options included, and may additionally provide rent escalations ranging from five to ten percent for initial term. Standard building dimensions are usually forty five hundred sq. ft., with the surrounding real estate anywhere between 1 and 1 1/2 acre lots which are often padded.

Tenant Description

Touted as top shareholder performer for 1-10 year returns in 2006 by WSJ Shareholder Scorecard, The Panera Bread® corporate mystique was founded in 1981. Originally known as Au Bon Pain Co., Inc., they would take Panera Bread all the way to becoming Business Week’s ‘One Hundred Hot Growth Co.’s’.

In 2015, annual revenues exceeded 2.68 billion. Prior to this when the company name change occurred, their stock values rose dramatically. So much that they pushed market caps at an estimated 4.5 billion dollars.

Panera Bread continues to expand, reportedly opening one hundred new sites in 2016. They continue testing new café ideas in novel markets and real estate locations. As a nation-wide bakery and café, they currently hold over 1970 stores, with just over 900 being corporate owned. The remaining portion are franchised by owner-operators in the U.S. and Canada, and can be found in large cities to suburbs and rural towns. They believe in creating a positively-oriented atmosphere for fast, but casual dining and superior service. Menus feature everything from fresh artisanal breads to sandwiches, soups, and salads with special dishes for the seasons.