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460 W Washington St
East Peoria, IL 61611
Panera Bread @ The Levee District · Retail Property For Sale
Investment Highlights
- New Construction Panera Bread Drive-Thru
- 15-year corporate lease with 10% increases every 5 years
- Part of The Levee District at East Peoria Downtown; 650,000 square foot mixed-use development
- Strategic relocation store; tenant in the trade area since 2006 (14 years)
- #1 “Sandwich Shop Brand of the Year” – Harris Poll EquiTrend (2018, 2019)
- Strong daytime population; approximately 58,000 employees within a 5-mile radius of the subject property
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,380 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.80 AC
Zoning
C - Commercial
Parking
30 Spaces (6.84 Spaces per 1,000 SF Leased)
Frontage
275’ on W Washington Street
Amenities
- Air Conditioning
Property Taxes
| Parcel Number | 01-01-32-205-009 | Improvements Assessment | $1,323,340 |
| Land Assessment | $77,230 | Total Assessment | $1,400,570 |
Property Taxes
Parcel Number
01-01-32-205-009
Land Assessment
$77,230
Improvements Assessment
$1,323,340
Total Assessment
$1,400,570
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