Freestanding Family Dollar
For Sale
Contact for pricing
1099 North Cole Street, Bushnell, IL 61422
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 Market132
Property Features for 1099 North Cole Street
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$123,375
Building Details
Year Built
2023
Buildings
1
Tenancy
Single
Listing Agency:
Fortis Net Lease
Listed By:
Bryan Bender · License #MI 6501319610
(248) 419-3810
Source:
Crexi
Added: Apr 27
Changed: Aug 14
Last Checked: Sep 4 at 2:56PM
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
24k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 84%
Groceries 16%
Bushnell
Shops & Services
8,779 visits/mo
0.3 miles
Dollar General
Shops & Services
4,809 visits/mo
0.2 miles
BP
Shops & Services
3,941 visits/mo
0.1 miles
Bushnell Market
Groceries
3,744 visits/mo
0.0 miles
Dollar Tree
Shops & Services
2,275 visits/mo
0.1 miles
Demographics for 61422, IL
3,099
Population
1,607
Households
1.9
Avg Household Size
44
Median Age
15%
College-Educated
90%
High-School Grad
43.3 sq mi
ZIP Area
72
Density / Sq Mi
$62,768
Median Household Income
$38,602
Median Earnings
$622
Median Rent
$71,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
