45 Holiday Inn Rd - Restaurant FOR SALE


Clarion, PA 16214
$3,150,000 USD
215-603-6914
45 Holiday Inn Rd, Clarion, PA for Sale
$3,150,000 USD
Restaurant - FOR SALE
1/8
null | 5% Cap Rate

45 Holiday Inn Rd
Clarion, PA 16214


HIGHLIGHTS

  • This is a new construction Panera Bread with drive-thru, indoor/outdoor seating, and depreciation benefits, slated to open in September 2025.
  • It’s located at the high-traffic interchange of I-80 and Highway 68, adjacent to a Sheetz location coming soon.
  • The area sees over 38,000 vehicles per day and serves as a key toll-free route for both commercial and passenger traffic.
  • The site is part of a new development with strong co-tenancy, surrounded by hotels, national retailers, and quick-service restaurants.
  • The property is positioned on a prime 1.36-acre parcel near a major interchange in an underserved, growing market.
  • Panera is backed by JAB Holding Company and may go public in 2026, potentially increasing brand value and credit strength.

OVERVIEW

CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this brand-new Panera Bread property located at 45 Holiday Inn Road in Clarion, Pennsylvania. This 3,500-square-foot Panera is being developed as a fee-simple build-to-suit on a 1.36-acre parcel and will feature the brand’s latest prototype with drive-thru, indoor and outdoor seating, and the benefit of depreciation—offering significant tax advantages over typical ground lease investments. The subject property is part of a new retail development strategically positioned at an I-80 interchange and adjacent to a new construction Sheetz (c-store/gas station). I-80 is among the most heavily traveled corridors in Pennsylvania for commercial and passenger vehicles, as it remains toll-free, unlike the Pennsylvania Turnpike (I-76). Additionally, the site is surrounded by complementary uses, including government offices, hundreds of hotel rooms, national brand QSRs and major retailers including Walmart, Aldi, McDonald’s, Advance Auto Parts, Applebee’s, Arby’s, Harbor Freight, and Burger King, to name a few. The lease is backed by Flynn Restaurant Group, the largest Panera franchisee in the U.S., and includes a brand-new 15-year NNN term with 10% rent increases every five years in both the base term and option periods. The lease is entirely passive, with zero landlord responsibilities or expenses, and includes a rare provision allowing corporate Panera Bread to reclaim the store if ever necessary—reinforcing the long-term commitment to this site.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$984 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Panera

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

-

APN/PARCEL ID

019-000750

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.