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6741 Courthouse Landing Lane
Richmond, VA 23237
Asking Price
$3.48M
Cap Rate
5%
Asset Type
QSR/Fast Food Retail
Class
Class B
What's Special
<ul><li>Brand New 15-Year NNN Lease with 8% Increases | The subject property is secured by a brand new 15-year Triple Net (NNN) lease with Panera Bread, featuring strong 8% rental increases every 5 years and four 5-year renewal options, providing long-term income growth and stability for investors.</li><li>Brand New Construction - Store Opened Q4 2025 | Brand-new, ground-up Panera Bread positioned within a rapidly expanding commercial corridor. Recent development activity (see the link above)
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NOI
$80,000
Cap Rate
2.30%
DSCR
0.39
Underwater
Cash-on-Cash
-12.12%
Monthly Payment
$17,197.549
Annual Cash Flow
$-126,370.592
