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Restaurant

Panera

45 Holiday Inn Rd, Clarion, PA 16214

Listing Price: $2,788,000

Cap Rate
5.65%
Tenant Name
Panera
Years Remaining On Lease
14.4
Gross SF
3,190
Guarantor
No Guarantee
Rentable SF
3,190
Price/Gross SF
$873.98
Lease Type
Absolute Net
Rent Per Square Feet
$49.37

Investment Overview

Marcus & Millichap is pleased to announce the brand new 2025 construction Panera Bread located in Clarion, Pennsylvania. Absolute triple net-lease with zero landlord responsibilities. Strategically located off I-80 (22,149 vehicles per day); 2,900-plus mile long Interstate from NYC to San Francisco. Positioned Along Route-68 Retail Corridor; surrounded by national retailers (Walmart, Sheetz, McDonald’s, Burger King, Applebee’s, Advance Auto, AutoZone, Dollar Tree, Arby’s, and more.) High-performing trade-area: top 40 percent Placer.ai. Chain performers: Walmart, Verizon, Burger King, Dollar Tree, Harbor Freight, Applebee’s.

Investment Highlights

  • Brand New 2025 Construction Panera Bread | Absolute NNN Lease | Zero Landlord Responsibilities
  • Operated By Flynn Panera (Flynn Group) | One of the Nation's Largest Franchisees | 2,900-Plus Units Across Multiple Brands
  • 14.5 Years Remaining | Long-Term Passive Income Stream | 10 Percent Rental Increases Every Five Years
  • Strategically Located off I-80 (22,149 Vehicles Per Day); 2,900-Plus Mile Long Interstate from NYC to San Francisco
  • Positioned Along Route-68 Retail Corridor; Surrounded By National Retailers (Walmart, Sheetz, McDonald's, Burger King, Applebee's, Advance Auto, AutoZone, Dollar Tree, Arby's, and more.)
  • Strong Retail Draw Anchored By Walmart Supercenter | 2.3 Million Annual Visits, Ranked #43 out of 133 Statewide (Placer.ai)

Broker of Record

  • Timothy B. Stephenson Jr.

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s) PA: RMR006104

    Pennsylvania

Financing By

Listing Price: $2,788,000

Cap Rate
5.65%
Tenant Name
Panera
Years Remaining On Lease
14.4
Gross SF
3,190
Guarantor
No Guarantee
Rentable SF
3,190
Price/Gross SF
$873.98
Lease Type
Absolute Net
Rent Per Square Feet
$49.37

Investment Highlights

  • Brand New 2025 Construction Panera Bread | Absolute NNN Lease | Zero Landlord Responsibilities
  • Operated By Flynn Panera (Flynn Group) | One of the Nation's Largest Franchisees | 2,900-Plus Units Across Multiple Brands
  • 14.5 Years Remaining | Long-Term Passive Income Stream | 10 Percent Rental Increases Every Five Years
  • Strategically Located off I-80 (22,149 Vehicles Per Day); 2,900-Plus Mile Long Interstate from NYC to San Francisco
  • Positioned Along Route-68 Retail Corridor; Surrounded By National Retailers (Walmart, Sheetz, McDonald's, Burger King, Applebee's, Advance Auto, AutoZone, Dollar Tree, Arby's, and more.)
  • Strong Retail Draw Anchored By Walmart Supercenter | 2.3 Million Annual Visits, Ranked #43 out of 133 Statewide (Placer.ai)

Investment Overview

Marcus & Millichap is pleased to announce the brand new 2025 construction Panera Bread located in Clarion, Pennsylvania. Absolute triple net-lease with zero landlord responsibilities. Strategically located off I-80 (22,149 vehicles per day); 2,900-plus mile long Interstate from NYC to San Francisco. Positioned Along Route-68 Retail Corridor; surrounded by national retailers (Walmart, Sheetz, McDonald’s, Burger King, Applebee’s, Advance Auto, AutoZone, Dollar Tree, Arby’s, and more.) High-performing trade-area: top 40 percent Placer.ai. Chain performers: Walmart, Verizon, Burger King, Dollar Tree, Harbor Freight, Applebee’s.

Broker of Record

  • Timothy B. Stephenson Jr.

    Managing Director, Market Leader - Philadelphia

    (215) 531-7000

    License(s): PA: RMR006104

    Pennsylvania

Financing By

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