Offering Memorandum
Investment Sale
Panera Bread & Pizza Hut
1275-1285 Boardman Rd
Jackson, Michigan
Jackson, Michigan
eCode:129i
Sales Price
$2,779,065
NOI
$161,763
Cap Rate
5.82%
Lease Expiration
10/2/2035
Building Size
8,739 SF
Lot Size
0.91 AC
Tenant Roster
- Panera Bread
- Pizza Hut
Traffic Count
I-94 (49,632 CPD)
Boardman Rd (8,978 CPD)
Highlights
- $5,000,000+ Reported Sales
- Significantly Below Market Rent
- Highly Successful Operators
- Long Standing Tenant History
- Recent 10-Year Early Renewal
- Active Submarket with New Growth
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 6,391 | 54,518 | 76,605 |
| Household Income | $79,435 | $67,220 | $73,400 |
| Daytime Pop | 4,449 | 24,938 | 33,323 |
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