Property Details
Investment Opportunity | Panera Bread
In the past 35 years, Panera has grown from one 400-square-foot cookie store into an enterprise with more than 2,000 bakery cafes, 100,000 associates and annual system wide sales of over $5 billion.On July 18, 2017, Panera was acquired by JAB Holding Co., ending its 26-year run as a public company on a high note. Panera was the best-performing restaurant stock of the last 20 years, delivering a total shareholder return up 86-fold from July 18, 1997, to July 18, 2017, compared to a less than twofold increase for the S&P 500 during the same period. What’s more, Panera’s stock generated annualized returns of 25% in the same time frame, besting even the performance of Warren Buffet’s Berkshire Hathaway.
More than 2,000 jobs added to area within one mile of subject site between 2016 and 2017
Daytime employee population of more than 50,000 people
Within dense retail corridor, +/- 5 square feet of retail space
Surrounding retailers include; The Home Depot, AMC Theater, Ulta Beauty, Walmart Supercenter, Costco, T.J. Maxx, Shoe Carnival, Dick’s Sporting Goods, Ashley Furniture, Ross Dress for Less, Bed Bath & Beyond, Lowes, Hobby Lobby, JC Penney
- Property TypeRetail
- Total Acres0.12
- Property ID2032552