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28777085
28777086

701 Poplar Church Rd, Camp Hill, PA 17011

GR
PA RM422611
RSR Realtors
Listed by RSR Realtors
$2,210,000
180 days on market
Updated 29 days ago

Panera Bread

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 2,600
Cap Rate 6%
NOI $132,600
Tenancy Single
Brand/Tenant Panera Bread
Lease Type NNN
Lease Term 10
Lease Expiration 10/31/2035
Remaining Term 10
Rent Bumps Yes
Lease Options 20 years
Broker Co-Op Yes
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 3.500
Zoning Commerial
Parking Spaces 30 spaces
Parking Per SqFt 11.54
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 11/01/2025
Ground Lease No

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.

Listing Contacts

GR
PA RM422611
RSR Realtors
Listed by RSR Realtors

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$132,600.00
$11,050.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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