Freestanding Family Dollar
1099 North Cole Street Bushnell, IL 61422
1099 North Cole Street, Bushnell, IL, 61422
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For Sale
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Freestanding Family Dollar on a corner with a Double Net lease structure and corporate guarantee.
Property Size10,500 SF
Price / SF$109.30
Days on Market86
Property Features for 1099 North Cole Street
General Information
- Standard status
- Active
- Size
- 10,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
Fortis Net Lease
(248) 419-3810
Listed by
Bryan Bender · License #MI 6501319610
Source
Crexi
Added: Apr 27 Updated: Jul 21 at 8:11AM Checked: Jul 21 at 8:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortis Net Lease
Investment Insights
Based on property information with market context.
Fortis Net Lease presents a freestanding Family Dollar retail building in Bushnell, Illinois. The property totals approximately 10,500 square feet and is currently dark while continuing to pay rent under the existing lease. The lease is structured as a Double Net (NN) arrangement, leaving minimal landlord responsibilities, and is corporately guaranteed.
The store completed construction in June 2023. The building is highly visible, positioned on the corner of Cole Street and Smith Street, with reported traffic of 2,686 cars per day. It sits across the street from a new Dollar General Market store. The lease includes four (5-year) renewal options, each with a $0.50 PSF rental rate increase. Demographic information provided for the area includes a 10-mile population of 7,090 and a 3-mile average household income of $55,315 per year.
The store completed construction in June 2023. The building is highly visible, positioned on the corner of Cole Street and Smith Street, with reported traffic of 2,686 cars per day. It sits across the street from a new Dollar General Market store. The lease includes four (5-year) renewal options, each with a $0.50 PSF rental rate increase. Demographic information provided for the area includes a 10-mile population of 7,090 and a 3-mile average household income of $55,315 per year.
Key Highlights
- 10,500 SF freestanding Family Dollar in Bushnell, IL completed in June 2023
- Double Net (NN) lease with minimal landlord responsibilities; corporately guaranteed
- Current lease includes 4 (5‑year) renewal options with a $0.50 PSF rental rate increase each
Property Analytics
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Freestanding Family Dollar on a corner with a Double Net lease structure and corporate guarantee.
Where is this nnn property located?
The property is located at 1099 North Cole Street Bushnell, IL.
What is the asking price?
The asking price for this property is $1,147,674.
What are key features of this property?
This property features: 10,500 SF freestanding Family Dollar in Bushnell, IL completed in June 2023; Double Net (NN) lease with minimal landlord responsibilities; corporately guaranteed; Current lease includes 4 (5‑year) renewal options with a $0.50 PSF rental rate increase each
