Bryant, AR - Panera Bread

Description:

SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in a newly constructed absolute NNN-leased Panera Bread property in Bryant, Arkansas, part of the growing Little Rock MSA. The tenant, Panera, LLC, a wholly owned subsidiary of Panera Bread, recently signed a new 15-year lease with three (3) five-year renewal options, reflecting long-term commitment to the site. The lease includes scheduled 10% rent increases every five years, providing built-in NOI growth and a hedge against inflation. With no landlord responsibilities, the asset offers a passive, management-free investment opportunity.

The property boasts excellent visibility with direct frontage along Interstate 30 (100,000 VPD), a key regional thoroughfare connecting to Little Rock. Situated in a dense retail corridor, the site benefits from strong tenant synergy with national brands including Walmart, Lowe’s, Target, TJ Maxx, Kroger, and Hobby Lobby, all within one mile, driving consistent traffic and enhancing tenant performance. The surrounding area is further validated by top-performing Placer.ai rankings. Nearby community anchors such as Collegeville Elementary School, Encore Medical Center, and multiple churches support daily local traffic. The surrounding residential base includes multifamily communities like Westside Village, Westgate, and Pinewood Manor Apartments. The five-mile trade area is home to 66,500+ residents and 18,400 employees, with a one-mile average household income of $112,981. Located in the Little Rock MSA, Arkansas’s capital and economic hub with a population of 750,000+, the asset benefits from strong market fundamentals and long-term regional growth.