3019 Dirksen PkwySpringfield, IL 62702

This exceptional investment opportunity presents a portfolio of three Panera Bread restaurants strategically located throughout Central Illinois. The portfolio comprises three free-standing buildings, each boasting a high occupancy rate of 100%. Built in 2005, these properties offer a combined square footage ranging from 4,980 to 5,226 square feet, situated on prime commercial real estate in Springfield, Peoria, and Champaign. The current lease with Panera Bread extends until December 30, 2033, providing a substantial remaining lease term of approximately 9.1 years. This long-term lease offers significant stability and predictable cash flow, further enhanced by a 10% rent increase scheduled after the fifth year. The portfolio boasts a compelling 6.15% cap rate, making it an attractive investment for discerning buyers. Each property is individually zoned for commercial use (C zoning) and can be purchased separately, offering flexibility to suit various investment strategies. This portfolio represents a rare opportunity to acquire a well-established, high-performing commercial real estate asset with a blue-chip tenant in a thriving market. The properties are located at 3019 South Dirksen Parkway, Springfield, IL 62702