This Panera Bread, located at 3019 S Dirksen Parkway in Springfield, Illinois, represents a high-quality single-tenant net lease investment backed by a corporate
guarantee from Panera, LLC. With 20+ years of operating history and consistent lease renewals—including the most recent extension through December 2033—this
asset reflects Panera’s enduring confidence in the site’s performance and strategic market relevance.
Positioned at the key interchange of Interstate 55 and Interstate 72, the property sits within one of Springfield’s most active commercial and government corridors. It
draws from a robust customer base of government employees, travelers, and hotel guests, as well as adjacent retail traffic from the Capital City Shopping Center and
nearby national tenants. The surrounding trade area benefits from major traffic drivers including state agencies, convention centers, and regional healthcare hubs.
The ±4,980 SF building on ±0.92 acres features a drive-thru, supports multiple income streams, and benefits from strong visibility and access along a corridor with
12,941 vehicles per day (VPD). Combined with built-in 10% rent increases every five years, long-term tenancy, and minimal landlord responsibilities, this property offers
secure income in a recession-resistant market anchored by the state capital’s institutional presence.