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Panera Bread

1601 Damron Court, Effingham, Illinois 62401

NNN Pro is pleased to present the exclusive listing for a Panera Bread located at 1601 Damron Court, Effingham, Illinois 62401. The site consists of roughly 4187 rentable square feet of building space on an estimated 1.3-acre parcel of land. This Panera Bread is subject to a 15-year Triple Net (NNN) lease, which commenced 2/28/2018. The current annual rent is $153,527 and has scheduled increases of 8.00% Every 5 Years.

Property
DETAILS
Lease
SUMMARY
Property Type
Retail
Property Subtype
Restaurant - Casual Dining
Building Size
4,187 SF
Lot Size
1.30 Acres
Ownership Type
Fee Simple
Year Built
2017
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