1601 Damron Ct, Effingham, IL 62401

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. There are no landlord responsibilities, offering a fully passive investment opportunity for the owner.

Strong National Tenant with a Strategic Parent Company | Panera Bread operates over 2,100 locations nationwide with annual systemwide sales exceeding $6 billion. Panera is owned by JAB Holding Company, which also owns wellknown brands such as Keurig Coffee, Peet’s Coffee, and Einstein Bagels—leaders in the coffee and breakfast categories—highlighting Panera’s position within a portfolio of successful, complementary brands.

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, which will increase the CAP rate to 5.67%, continuing through each of the four 5-year option periods. This structured escalation provides investors with a stable and predictable long-term income stream.

Drive-Thru Location | The property includes a drive-thru, offering added convenience for customers and enhancing its appeal as a fast-casual dining destination. This feature aligns seamlessly with Panera’s evolving service model, catering to guests seeking quick, high-quality meals with speed and flexibility.