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Newly Built Ground Leased Restaurant
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2849 Jessup Rd, Jessup, MD 20794

Newly constructed Panera Bread offered on a 20-year ground lease with scheduled 10% rent increases.

Property SizeContact for details
Days on Market120

Property Features for 2849 Jessup Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Monument Retail
Listed By: Daniel Brooker · License #VA 0225194753
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 2:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Monument Retail

Investment Insights

Based on property information with market context.

Offered for sale is a newly constructed, ground leased Panera Bread. The site is presented as a long-term lease offering with the property subject to a 20-year ground lease and option periods.

The restaurant is positioned at the signalized intersection of Jessup Road and Shannon’s Glen Drive in Jessup, Maryland. Public remarks cite proximity to the National Business Park, which includes 2M square feet of existing office space and an additional 2M square feet under construction, as well as the National Security Agency.

The ground lease term is 20 years, with rental increases of 10% every five years throughout the primary term and the option periods, which include four additional five-year options. Public remarks also note the NSA’s current workforce of 38,000 employees and an additional 1,000 employees expected annually, and describe Panera as the area’s primary breakfast/lunch option.

Key Highlights

  • Newly constructed Panera Bread offered on a 20‑year ground lease
  • Ground lease includes scheduled 10% rental increases every five years throughout the primary term and option periods
  • Option periods include four additional five‑year terms

Property Analytics

Current Use

Panera Bread Cafe & Coffee Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Restaurant Spa & Massage Center HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 51% Dining 49%
Panera Bread Dining
15,321 visits/mo 0.1 miles
Royal Farms Shops & Services
15,176 visits/mo 0.1 miles
Gerber Collision & Glass Shops & Services
514 visits/mo 0.4 miles

Demographics for 20794, MD

16,658
Population
4,230
Households
3.9
Avg Household Size
37
Median Age
29%
College-Educated
82%
High-School Grad
9.6 sq mi
ZIP Area
1,735
Density / Sq Mi
$105,441
Median Household Income
$55,191
Median Earnings
$1,940
Median Rent
$393,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Newly constructed Panera Bread offered on a 20-year ground lease with scheduled 10% rent increases.
Where is this conventional restaurant located?
The property is located at 2849 Jessup Rd Jessup, MD.
What are key features of this property?
This property features: Newly constructed Panera Bread offered on a 20‑year ground lease; Ground lease includes scheduled 10% rental increases every five years throughout the primary term and option periods; Option periods include four additional five‑year terms
More about this property
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