
Panera Bread
Retail | 6.00% CAP | 2,600 SqFt
Marketing description
Brand new NNN leased Panera Bread w/ 10 years remaining on the initial lease term and 20 additional years of extensions with 10% rent step ups every 5 years. 6% CAP rate is competitive for this ideally located Panera in Camp Hill, PA, a suburban submarket of Harrisburg, PA. Located in the recently developed Poplar Square mixed use center, this newly constructed 2,600 square foot Panera prototype incorporates a double drive through pick up lane and other efficiencies that make the restaurant state-of-the art for 2026 and beyond. Panera is a condo unit connected to a newly built dental office condo that is also subject to a long term NNN lease. Future phase of Poplar Square will include a 5-story high end apartment and office complex. Immediately adjacent neighbors include Sheetz, Starbucks, First Watch, Charles Schwab and UPMC Holy Spirit Hospital.
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