Hardee’s Bushnell, IL

220 Green Street
Bushnell, IL

Price: $1,296,000
Cap Rate: 6.25%
NOI: $81,000
Building Size: Approx. 3,371 Sq. Ft.
Lot Size: Approx. 1.04 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built / Renovated: 1983 / 2012

Investment Overview

  • 1983 Construction/2012 Renovation. 3,371+/- SF Building on 1.04+/- Acre Site
  • 20-Year Net Lease with (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
  • Excellent Site-Level Visibility – Subject Property Benefits From Its Location 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+

Copyright © 2024 Secure Net Lease.