220 Green St - Fast Food FOR SALE


Bushnell, IL 61422
$1,296,000 USD
214-915-8890
220 Green St, Bushnell, IL for Sale
$1,296,000 USD
Fast Food - FOR SALE
1/3
null | 6.25% Cap Rate

220 Green St
Bushnell, IL 61422


HIGHLIGHTS

  • 20-Year Net Lease with (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
  • Excellent Site-Level Visibility – Located at the Intersection of the Two Main Thoroughfares Heading In/Out of the City
  • The Lease Is Guaranteed by LBE Holdings, Which Includes 64 Units, and Had Totaling $87,000,000 in 2023.
  • Limited Competition – This Hardee’s Is One of Only Two National Fast-Food Restaurants in the Entire Bushnell Market.
  • Hardee’s Operates over 1,800 Restaurants Across the U.S. and 13 Other Countries.
  • Bushnell | Near Peoria, Canton, Roseville, and Macomb | Population: 27,238+

FOR SALE DETAILS

PRICE

$1,296,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hardee's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

-

APN/PARCEL ID

03-000-196-00

ASK ABOUT THIS PROPERTY

Russell SmithSecure Net LeaseMore Info
214-915-8890

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Russell SmithSecure Net LeaseMore Info
214-915-8890

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.