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- LoopNet Team
841 Central Ave
Dover, NH 03820
Panera Bread · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signalized Intersection
ABOUT 841 CENTRAL AVE , DOVER, NH 03820
Exclusively marketed for sale is the ground lease to Panera Bread located on Central Avenue in Dover, NH. The Panera Bread is a pad site to the Shaw' s Anchored retail center. Additional tenants in the center include: Rite Aid, Bed, Bath, & Beyond, Ace Hardware, and Petco. The ground lease is guaranteed by PR Restaurants, LLC, a New England Based franchise with 60+ Panera Bread locations in Massachusetts, New Hampshire, and Maine. The Panera Bread Ground lease has 11+ years of base term remaining, with (2) ten year options. There are 10% rental escalations every 10 years. Panera Bread is located on Central Avenue, a main retail corridor in Dover, and just off of Spaulding Turnpike a north-south highway in eastern New Hampshire that connects with I-95 in Portsmouth, NH. National retailers in the area include: Chili' s Grill & Bar, Ninety Nine Restaurant & Pub, Staples, Applebee' s, Sleepy' s, Verizon Wireless, Hampton Inn, Wendy' s, McDonald's, Pizza Hut, Dunkin' Donuts, Friendly' s TD Bank, Walgreens, Shaw' s, Petco, Hannaford Supermarket, Papa Gino's, AutoZone, Market Basket, and Citizens Bank.
PROPERTY TAXES
| Parcel Number | DOVR-038006-A000000-000004 | Improvements Assessment | $1,533,700 |
| Land Assessment | $701,300 | Total Assessment | $2,235,000 |
PROPERTY TAXES
