Newly Built Ground Leased
For Sale
Contact for pricing
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 Market119
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.
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
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
Explore this area
Business Placement
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
Questions? Ask Rey
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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
