8/12/2023 0 Comments Panera rush hospital![]() ![]() ![]() Bass Pro Shops, located approximately a half-mile from The Levee District, draws over three million visitors annually. The development is also comprised of a 137-room Holiday Inn & Suites with a full-service Johnny’s Italian Steakhouse. There are a variety of dining options at The Levee District besides Panera Bread including Red Robin, Potbelly Sandwich Shop, Chipotle Mexican Grill, Jersey Mike’s and Panda Express, amongst others. Built in 2020, the building is situated on 0.80 acres at 460 West Washington Street at the corner of West Washington Street and Clock Tower Drive in The Levee District, a 650,000-square-foot, mixed-use center and major shopping destination home to anchor retailers Target, Costco, ULTA Beauty, Ross Dress for Less and ALDI. Panera occupies a new 4,380-square-foot drive-thru prototype building with a new, long-term triple-net lease with increases every five years. David Rush of CBRE in Oxnard, California, represented the buyer, a private investor from Santa Barbara, California. Hanley Investment Group Executive Vice Presidents Jeff Lefko and Bill Asher represented the seller, Cullinan Properties, LTD., based in East Peoria, Illinois. The sale price was $3.5 million, representing a record price for a single-tenant Panera Bread in the Midwest. The Levee District is located just off of Interstate 74, the primary east/west arterial in Central Illinois with over 68,000 cars per day. EAST PEORIA, IL – RealEstateRama – Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm arranged the sale of a brand-new construction, single-tenant drive-thru location occupied by a relocated Panera Bread at The Levee District and shadow-anchored by Target near downtown East Peoria, Illinois. ![]()
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