Top-Performing Panera Bread For
For Sale
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1903 Convenience Pl, Champaign, IL 61820
Corporate-guaranteed Panera Bread in top 5% nationwide, Champaign, Illinois.
Property Size4,980 SF
Price / SF$669.08
Days on Market138
Property Features for 1903 Convenience Pl
General Information
Standard status
Active
Size
4,980 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Net Operating Income
$204,938
Building Details
Year Built
2005
Tenancy
Single
Listing Agency:
Bang Realty
(888) 737-2264
Listed By:
Brian Brockman · License #177814
Source:
Crexi
Added: Mar 27
Changed: Aug 8
Last Checked: Aug 8 at 6:40AM
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 Bang Realty
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
802
Businesses Nearby
128k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 74%
Office Supplies 15%
Apparel 11%
Costco Wholesale
Superstores
94,362 visits/mo
0.3 miles
Office Depot
Office Supplies
19,225 visits/mo
0.2 miles
JCPenney
Apparel
13,757 visits/mo
0.4 miles
Extra Space Storage
Shops & Services
454 visits/mo
0.3 miles
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Chinatown Buffet — 713 W Marketview Dr, Champaign, IL 61822
Frequently Asked Questions
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.
