Business News • 1888 Press Release • Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million; 6.43% Cap Rate; Landmark $560 PSF

Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million; 6.43% Cap Rate; Landmark $560 PSF

Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million; 6.43% Cap Rate; Landmark $560 PSF

Hanley Investment Group represented the buyer and seller in the sale of a single-tenant Panera Bread in Temecula, Calif. The purchase price was $2,715,000, representing a 6.43% capitalization rate and $560 per square foot. Located at 41798 Nicole Lane in Temecula, the 4,850 sq. ft. freestanding building is situated on a 1.49-acre parcel of land.

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Hanley Investment Group Sells Single-Tenant Panera Bread in Temecula, Calif. for $2.7 Million; 6.43% Cap Rate; Landmark $560 PSF

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