For Sale
$2,795,000

1 Plaza Dr Auburn, NY 13021

Panera Bread-Leased Retail Property

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents a 4,000 square foot retail building situated on a one-acre lot at 1 Plaza Drive in Auburn, New York. Boasting a high-traffic location on Grant Avenue (NY Route 5), the property sees an estimated 17,000+ vehicles daily. Its prime retail corridor location places it in close proximity to established businesses such as BJ's Wholesale Club, Staples, Chipotle, and Napa Auto Parts, ensuring high visibility and foot traffic. The property is currently leased to Panera Bread, a nationally recognized and financially stable corporation with over 1900 locations nationwide. This corporate lease provides a strong, reliable income stream for investors seeking a secure, long-term investment. Panera Bread's established brand and proven business model, encompassing dine-in, drive-thru, and delivery services, contributes to its consistent success and makes this a low-risk, high-reward opportunity. The asking price for this exceptional property is $2,795,000. This presents a compelling investment opportunity in a thriving retail location with a highly reputable tenant. The property's strategic location and the strength of the tenant combine to offer significant potential for both short-term and long-term returns.

Property Details for 1 Plaza Dr

Property type
Commercial real estate
Square Feet
4,000 SF
Year Built
2011
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Auburn
County
Cayuga
State
New York
Latitude
42.9558
Longitude
-76.54185

FAQs

What type of property is this?
Commercial real estate - Panera Bread-Leased Retail Property
Where is the commercial real estate located?
The property is located at 1 Plaza Dr Auburn, NY.
What is the asking price?
The asking price for this property is $2,795,000.
How can I contact the broker?
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1 Plaza Dr
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