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Three Panera Illinois Portfolio 3 Retail Properties Offered at $11,178,368 CAD in Multiple Locations

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Investment Highlights

  • Corporate Guaranteed Panera Bread Leases | Double-Net Structure | Passive Ownership Opportunity
  • 10% Rental Increases Every 5 Years | Built-In NOI Growth | Strong Long-Term Income Upside
  • 20+ Year Operating History | Established Sites | Long-Term Tenant Commitment
  • Lease Term Through December 2033 | Long-Term Income Security | Institutional Net Lease Investment
  • Top National Percentile Placer.ai Traffic Rankings | Proven High-Performing Locations
  • Portfolio or Individual Acquisition Opportunity | Flexible Investment Strategy

Executive Summary

NX3 Commercial Group is pleased to present the exclusive opportunity to acquire a three-property Panera Bread portfolio located in Champaign, Peoria, and Springfield, Illinois. The portfolio consists of three established locations operating under corporate-guaranteed double-net (NN) leases with lease terms extending through December 31, 2033.
Each property has successfully operated for more than 20 years and was directly assumed by Panera Corporate, reinforcing the tenant’s long-term commitment to each location. The leases feature 10% rental increases every five years, providing investors with predictable income growth and long-term stability.
The properties rank within the top national percentiles on Placer.ai, demonstrating strong customer traffic and sustained operating performance. Strategically positioned across stable Illinois markets supported by major universities, state government employment, healthcare systems, and established retail corridors, this offering provides investors with durable income backed by a nationally recognized tenant.
The portfolio is offered as a three-property portfolio or individually, providing investors with flexible acquisition options.

Property Facts

Price $11,178,368 CAD
Price / SF $775.47 CAD / SF
Cap Rate 5.91%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 14,415 SF
Total Land Area 3.31 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1903 Convenience Pl, Champaign, IL 61820 Retail 4,980 SF 2005 $4,555,011 CAD
Panera Bread
1101 W Bird Blvd, Peoria, IL 61615
Retail 5,331 SF 2000 $3,390,284 CAD
Panera Bread
3019 S Dirksen Pky, Springfield, IL 62703
Retail 4,104 SF - $3,233,073 CAD
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  • Listing ID: 39678225

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: Three Panera Illinois Portfolio, Springfield, IL

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