New restaurant in the west of New York state

Additional information is provided after the signing of an NDA

New restaurant in the west of New York state

3,611,000 $
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Total area: 404 m² Yield: 5.0% Built in 2014
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  • Operating Incomе: 169,693 €
  • Land area: 5,787 m²
  • Occupancy: 100%

It is a newly built fast-food restaurant, located in one of the towns on the shores of Chautauqua Lake, New York state.


The building was constructed in 2014.

The total area is 404 m².

The plot of 5,787 m².

The property is fully leased to a major company.

Financial performance

Absolute income is 180,525 $.

The current yield of 5%.


Tenant is Panera Bread, fast-food chain with nearly thirty years of history.

Panera Bread includes about 1,800 branches.

The annual turnover of the company is $ 1,8 billion. The staff consists of more than 40,000 employees.

The Triple Net Lease lease agreement is signed until 2029 with an extension options for 3x5 years and 10% rental rate increase every 5 years.

All operating and repair costs are borne by the lessee.

Location and nearby objects

Cafe and restaurants

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Anna Boyarchukova
Anna Boyarchukova
Real Estate Expert Tranio in New York City
+44 20 3608 1267
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