OFFERING MEMORANDUM 52 OH 70 MASON Kings Mill Road Summary Colliers International is pleased to offer the opportunity to purchase a Panera Bread located at 52 OH 5270 Kings Mill Road, Mason, Ohio 45040. Contacts This is a 11.8 year, Covelli Enterprises guaranteed lease of a recently constructed Panera. This is a true passive investment, an absolute Peter Block NNN lease offering, with zero landlord responsibilities or expenses. Executive Vice President There are healthy 10% rental increases every 5 years in the base +1 847 384 2840
[email protected] term of the lease and in the three, five-year options to renew. Christian Pera This store sits in a very dense area just West of the major on off Associate ramps for I-71. The area is filled with many hotels, residential and +1 847 384 2844 minutes from the local high school. Additionally, the site is immedi- 70
[email protected] ately adjacent to the dominant grocer in the market-Kroger. The Panera Bread sits on the outparcel to the very busy Shoppes of BROKER OF RECORD Mason. Justin Rex Vice President The property is offered at $3,510,493 which translates.to a 5.50% COLLIERS INTERNATIONAL cap rate. 425 Walnut Street, Suite 1200 Cincinnati, OH 45202 United 3 MASON Kings Mill Road $3,510,493 Details PRICE STRATEGIC LOCATION › Sits Next to recently built Mason Grand | $45 Million 5.50% CAP RATE Luxury Apartment Complex with 294-Units › Less than One-Mile from One of the Largest Tennis Stadi- ums in the World & Home of W&S Open $193,077* › Less than Two-Miles from Kings Island