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3019 S Dirksen Pky
Springfield, IL 62703

$2,365,000 USD

Restaurant For Sale  •  4,104 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,980 SF
  • Lot Size 0.92 AC
  • Building Class C
  • Year Built 2004
  • Tenancy Single
30 Transit Score
40 Walk Score

Highlights

Corporate-guaranteed lease | Panera operating since 2004 | Recently extended through Dec 2033 with two additional 5-year renewal options
Prime location near I-55/I-72 interchange | Traffic from government offices, hotels, convention centers, and national retailers
Placer.ai ranks location in the 82nd percentile nationally within Panera’s portfolio | Strong foot traffic and top-performing store
10% rent increases every 5 years | Next escalation January 2029 | Built-in NOI growth and long-term yield protection
Illinois capital market | 30,000+ government employees | Stable economy supported by healthcare, education, and tourism
Drive-Thru Equipped Panera | Operating at This Location Since 2004 | Proven Long-Term Performance and Established Customer Base

Public Transportation

Commuter RailDriveWalkDistance
12 min - 5.3 mi
AirportDriveWalkDistance
Abraham Lincoln Capital 20 min - 9.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 54
Type: Surface
Included in Rent: Yes
Evan Whelan 954-857-4762 NX3 Commercial Group
Evan Whelan 954-857-4762 NX3 Commercial Group