1903 Convenience Pl Champaign, IL 61820
Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.
Property size:
4,980 SFLot size:
1.24 AcresProperty Features for 1903 Convenience Pl
General Information
- Standard status
- Active
- Size
- 4,980 SF
- Lot size
- 1.24 Acres
Building Details
- Year built
- 2005
Source:
Crexi
Listing Agency: Bang Realty Listing Agent: Brian Brockman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Top-Performing Panera Bread For Sale
This top-performing Panera Bread is located in Champaign, Illinois. The property operates under a corporate-guaranteed NN lease extended through December 2033, providing long-term income stability with minimal landlord responsibilities. This location ranks in the top 5% of Panera stores nationwide per Placer.ai analytics and generates estimated annual sales of approximately $4.7 million. The property is positioned within Champaign’s dominant retail corridor near Market Place Shopping Center and supported by the 50,000+ University of Illinois population. The property benefits from strong co-tenancy, sustained traffic, and recession-resistant consumer demand. The lease structure includes 10% rental increases in renewal options, offering built-in long-term income growth. The property size is 4980 square feet.
Location Intelligence
Current Use by Public Records
Panera Bread
Take-out & Catering
Similar Places Nearby
Chinatown Buffet
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.2431411
- Latitude
- 40.1384237
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.
Where is this conventional restaurant located?
The property is located at 1903 Convenience Pl Champaign, IL.
What is the asking price?
The asking price for this property is $3,332,000.
What are key features of this property?
This property features: - Top-performing Panera Bread location, ranking in the top 5% of stores nationwide.; - Corporate-guaranteed NN lease extended through December 2033, providing long-term income stability.; - Estimated annual sales of approximately $4.7 million, demonstrating exceptional unit-level performance.
