Panera Bread

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Abraham Leon

Senior Advisor

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PROPERTY ADDRESS

75 EISENHOWER DRIVE, HANOVER, PA 17331

PROPERTY INFORMATION

Price:
$1,926,956
Cap Rate:
5.75%
Term Remaining:
5 years Years
Year Built:
2004
Status:
Available

INVESTMENT HIGHLIGHTS

  • Abs NNN Ground Lease - Zero Landlord Responsibility
  • 5 years Remaining - Panera Corporate Location
  • Very Low Rent/ Price Point For a Panera
  • Rare 15% Rental Rate Increase in First Option Period
  • Built in 2004 and Amended in 2013 to add a Drive Thru and 10 year extension with increases
  • Strong Retail corridor along "the Golden Mile" of the region and on an out lot of North Hanover Mall