Free Standing Restaurant

Description:

241 U.S. 7 offers a compelling retail leasing opportunity with strong potential for a wide range of commercial uses. This versatile property is well suited for a retailer seeking a functional, highly adaptable space with room to create an efficient customer experience and streamlined operations. The building presents an attractive canvas for tenant improvements and brand-specific buildout, allowing an investor or operator to tailor the premises to their business plan. Positioned along a prominent commercial corridor, the property is ideal for retailers looking to establish a visible and accessible presence in Rutland. THE BUILDING IS A FULLY BUILT OUT RSTAURANT.

241 US Route 7 | Rutland, Vermont
High-Profile Former Panera Bread – Available for Lease

Vanguard-Fine, LLC is pleased to exclusively offer for lease the existing Panera Bread location at 241 US Route 7 (South Main Street), Rutland, Vermont. Panera Bread has elected not to renew its lease, creating a rare opportunity to occupy an established restaurant location along Rutland's primary retail and commercial corridor.

The property benefits from excellent visibility and exposure along US Route 7, one of the principal north-south commercial routes serving Rutland and central Vermont. The location has operated successfully as a Panera Bread and provides an excellent opportunity for another restaurant, café, fast-casual concept or other retail/service user seeking an established location in the heart of the Rutland retail market.

The site is positioned within one of the strongest concentrations of retail in southern and central Vermont. The surrounding Route 7 corridor includes Hannaford, ALDI, Dick's Sporting Goods, Michaels, Staples, Petco, Ocean State Job Lot, Harbor Freight Tools, Tractor Supply, Walmart, Market 32, T.J. Maxx, Planet Fitness, Dollar Tree, Walgreens, CVS and The Home Depot, along with numerous restaurants, banks, hotels and service businesses. The nearby Green Mountain Plaza reports traffic of approximately 22,300 vehicles per day along Route 7, demonstrating the corridor's strong daily exposure.

Area Highlights
Prime US Route 7 retail corridor with excellent visibility and access.
Located in the heart of Rutland's regional retail trade area, serving Rutland County and surrounding central Vermont communities.
Strong concentration of national and regional retailers, restaurants, hotels and service businesses along the Route 7 corridor.
Approximately 22,300 vehicles per day reported along Route 7 in the immediate retail corridor.
Approximately 50,700 residents within 15 miles, with a reported median household income of approximately $73,800.
Convenient access to both US Route 7 and US Route 4, Rutland's two principal regional transportation corridors.
Rutland serves as an important commercial hub for a broad area of central and southwestern Vermont.
Approximately 30 minutes from the Killington resort area, providing additional year-round traffic generated by skiing, outdoor recreation and tourism.
Rutland also benefits from Amtrak's Ethan Allen Express, providing passenger rail connections to New York City and Burlington.
Existing restaurant location offers a significant opportunity for a replacement food-and-beverage operator to capitalize on an established consumer destination.
Suitable for fast-casual restaurant, full-service restaurant, café/bakery, specialty food, retail, medical, financial services or other commercial uses, subject to applicable approvals.
Leasing Opportunity

With Panera Bread's lease expiring and the tenant not renewing, 241 US Route 7 represents a difficult-to-replicate opportunity to secure an established restaurant location on Rutland's premier commercial corridor. The combination of strong visibility, established retail traffic, regional draw and proximity to major national retailers makes the property well positioned for a replacement restaurant or other high-traffic commercial user.

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