Property summary
A freestanding dual-concept retail building totaling 10,500 sq. ft. (Family Dollar | Dollar Tree) is located in Bushnell, Illinois, on the corner of Cole Street and Smith Street. The building was constructed and opened in June 2023 and is configured for a retail tenant use. It sits on a primary corner with a stated traffic count of 2,686 vehicles per day and is positioned across the street from a Dollar General Market store. The property has been structured under a net-leased arrangement described as a double net (NN) lease with a corporate tenant guarantee, and the tenant is identified as having an investment-grade credit rating of “BBB-.” Bushnell is in McDonough County, approximately 45 miles south of Galesburg and 50 miles north of Quincy, and the area is characterized by rolling hills and farmlands, with downtown featuring local shops, restaurants, and historic buildings.
Property profile
VerifiedCap rate & NOI
Current use
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Discount Store
Location
Value estimations
Owner & transaction history
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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