Panera Bread NNN
For Sale
Contact for pricing
1401 S Veterans Pkwy, Bloomington, IL 61701
Corporate restaurant asset subject to a long-term net lease in Bloomington, Illinois.
Property SizeContact for details
Days on Market141
Property Features for 1401 S Veterans Pkwy
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Gross Income
$135,796
Building Details
Tenancy
Single
Listing Agency:
The Hawkeye Group
(563) 344-4295
Listed By:
Chris Wilkins · License #475139041
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 6:16AM
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 The Hawkeye Group
Investment Insights
Based on property information with market context.
This NNN property is occupied by a corporate Panera Bread restaurant at 1401 S Veterans Pkwy in Bloomington, Illinois. The location has operated under its original lease since 1/15/2003, establishing more than two decades of operating history at the site.
The current lease runs through 12/31/2033 and includes a 10% rent increase after year 5. The property is classified as an NNN asset and is offered for sale.
The current lease runs through 12/31/2033 and includes a 10% rent increase after year 5. The property is classified as an NNN asset and is offered for sale.
Key Highlights
- Corporate Panera Bread restaurant location in Bloomington, IL
- Original lease commenced 1/15/2003
- Current lease expiration: 12/31/2033
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
523
Businesses Nearby
228k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 39%
Dining 24%
Shops & Services 23%
Apparel 5%
Hy-Vee
Groceries
60,587 visits/mo
0.1 miles
Binny's Beverage Depot
Groceries
28,918 visits/mo
0.1 miles
Dollar Tree
Shops & Services
20,983 visits/mo
0.2 miles
Steak 'n Shake
Dining
14,651 visits/mo
0.4 miles
Hallmark
Shops & Services
12,341 visits/mo
0.1 miles
Demographics for 61701, IL
34,497
Population
18,038
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
92%
High-School Grad
11.0 sq mi
ZIP Area
3,136
Density / Sq Mi
$55,882
Median Household Income
$37,674
Median Earnings
$873
Median Rent
$138,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Corporate restaurant asset subject to a long-term net lease in Bloomington, Illinois.
Where is this nnn property located?
The property is located at 1401 S Veterans Pkwy Bloomington, IL.
What are key features of this property?
This property features: Corporate Panera Bread restaurant location in Bloomington, IL; Original lease commenced 1/15/2003; Current lease expiration: 12/31/2033
