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1903 Convenience Pl Champaign, IL 61820

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For Sale
$3,332,000

Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.

Property size:
4,980 SF
Lot size:
1.24 Acres

Property Features for 1903 Convenience Pl

General Information

Standard status
Active
Size
4,980 SF
Lot size
1.24 Acres

Building Details

Year built
2005

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Listing Contact
Brian Brockman
Brian Brockman
Source: Crexi

Listing Agency: Bang Realty Listing Agent: Brian Brockman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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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

Suggested Use

Real Estate Agency Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Chinatown Buffet

Location Insight

  • Map
  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2431411
Latitude
40.1384237

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.
More about this property
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