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1601 Damron Ct
Effingham, IL 62401

$2,925,000 USD

Restaurant For Sale  •  4,187 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,187 SF
  • Lot Size 1.3 AC
  • Building Class B
  • Year Built 2017
  • Tenancy Single
0 Transit Score
47 Walk Score

Highlights

Long-Term Absolute NNN Lease | Panera is subject to a long-term, 15-year absolute triple net (NNN) lease, with 7.4 years remaining on the primary term
Strong National Tenant with a Strategic Parent Company | Panera Bread operates over 2,100 locations nationwide
Strong Rent Increase in 2.5 Years | The lease features scheduled 8% rental increases every five years, with the next adjustment set for February 2028

Public Transportation

Commuter RailDriveWalkDistance
Effingham Amtrak Station (City of New Orleans - Amtrak, Illini - Amtrak, Saluki - Amtrak) 6 min - 2.4 mi
Josh Kanter 617-865-1145 Surmount
Josh Kanter 617-865-1145 Surmount