Panera Bread - NNN Net Lease Property for Sale
Champaign, IL
Key Investment Metrics
Price
$4,838,710
Cap Rate
7.8%
Net Operating Income
$375,000
Building Size
15371 SF
Lot Size
4,980 SF
Land Area
1.53 Acres
Year Built
2008
Tenancy
Single
About This Panera Bread Net Lease Property
This Panera Bread NNN (triple net lease) property is located in Champaign, IL and represents an excellent investment opportunity for commercial real estate investors. The property features 15371 square feet of building space and was built in 2008.
With a cap rate of 7.8%, this Panera Bread net lease property offers stable income potential. The asking price is $4,838,710, making it an attractive option for 1031 exchange investors seeking quality Panera Bread commercial properties.
Why Invest in Panera Bread NNN Properties?
- Stable Income: Panera Bread net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Panera Bread is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Champaign, IL Market Overview
Located in Champaign, IL, this Panera Bread property benefits from strong local demographics and market fundamentals. The Champaign area offers excellent visibility and accessibility, making it an ideal location for Panera Bread operations and a solid investment for net lease property buyers.