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Case Study:

Panera Bread

East Peoria, IL

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The Hanley Investment Group Advantage

  •  Secured California Based 1031 Exchange Buyer that Paid a Premium Price Compared to Similar Panera Breads on the Market

  • Procured Buyer and Opened Escrow Prior to Panera Bread formally Opening for Business

  • Navigated Higher Scrutinization than Normal from Buyer’s Lender Due to COVID-19

  • Buyer Acquired the Property without Touring it in Person and Dining Room Not Open at Closing

  • Record Price in the Midwest for a Single-Tenant Panera Bread

Sale Specifics

  • 15-Year Corporate Guaranteed Lease

  • New Drive-Thru Prototype

  • Relocation Store; Tenant in the Area for 14 Years

  • Pad to Target Anchored Shopping Center

The Hanley Investment Group Advantage

  •  Secured California Based 1031 Exchange Buyer that Paid a Premium Price Compared to Similar Panera Breads on the Market

  • Procured Buyer and Opened Escrow Prior to Panera Bread formally Opening for Business

  • Navigated Higher Scrutinization than Normal from Buyer’s Lender Due to COVID-19

  • Buyer Acquired the Property without Touring it in Person and Dining Room Not Open at Closing

  • Record Price in the Midwest for a Single-Tenant Panera Bread

Sale Specifics

  • 15-Year Corporate Guaranteed Lease

  • New Drive-Thru Prototype

  • Relocation Store; Tenant in the Area for 14 Years

  • Pad to Target Anchored Shopping Center