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.
Highlights
Adaptable space for specialty retail or service uses
Available for immediate leasing consideration
Efficient floor plan for retail operations
Flexible layout for merchandising and customer flow
Ideal for tenant-specific buildout and customization
Opportunity to create a branded customer experience
Prominent commercial address with strong frontage presence
Retail zoning supports a variety of commercial concepts
Single-tenant or multi-use potential
Suitable for owner-users or investment leasing strategies
True
1 Space Available
Former Panera
Space Type
Freestanding
Lease Rate
$45.00/SF/YR
Total Space
4,000 SF
Divisible Space
4,000 - 4,000 SF
Available Date
Immediate
Lease Type
NNN
Renewal Option
Yes
Sublease
No
Free standing restaurant building at a signal in front of Ocean State Job Lots on heavily travelled Route 7 in the City of Rutland, VT. Building has all infrastructure for a restaurant.
The rental rate for this retail space is $45.00/SF/YR.
FREE STANDING RESTAURANT totals 4,000 SF.
There is 1 Freestanding
space for rent.
Parking information for the property isn't currently listed.
However, other nearby parking options include Clarendon Park and Ride, located 4.17 miles away
,
and Clarendon Gorge Trailhead Parking, which is 5.02 miles away.