Rare SoCal Brand New Construction QSR Asset – Panera Bread – Absolute NNN Ground Lease
• New 15 Year Ground Lease – 3, 5 Year Options – 10% Increases Every 5 Years
• Relocation Store – Tenant Moving from Creekside Marketplace
Proving the Strength of this Market
• Tenant: Manna Development Group, LLC – One of the Largest/Experienced Panera Bread
Operators in the U.S.
• Tenant Contributing Over $2M in Capital Improvements to the Property
• Close Proximity to New 170+ Acres Development
• Located adjacent to Costco (Costco Moving into the Fry’s Electronics
Building Directly Next to Subject Property)
• 80+ Acres of New Housing by Lennar Homes (220 Single-Family Homes)
plus Multifamily,
Retail, Office and Education
• Positioned at San Marcos Blvd and Bent Ave – Over 43,260 VPD
• Strong Site Fundamentals – 0.61 Acre Site – Approximately 3,500 SF – Drive-Thru Building
• Strong Demographics – Over 196,667 Residents within a 5 Mile Radius
• Average Household Income of ~$117,388 within a 5 Mile Radius