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220 Green St Bushnell, IL 61422

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For Sale
$1,296,000

NNN leased Hardee's restaurant for sale in Bushnell, Illinois.

Property size:
3,371 SF
Lot size:
1.25 Acres

Property Features for 220 Green St

General Information

Size
3,371 SF
Lot size
1.25 Acres

Source: Secure Net Lease - Dallas Agent Russell Smith

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Hardee's Restaurant Investment Opportunity

This property features a 3,371 square foot building constructed in 1983 and renovated in 2012, situated on a 1.04 acre site. It is located at the intersection of two main thoroughfares, providing excellent site-level visibility. The property is subject to a 20-year net lease with four 5-year options to renew, and includes 10% rental increases every 5 years. The lease is guaranteed by LBE Holdings, which includes 64 units, and had $87,000,000 in 2023. As one of only two national fast-food restaurants in the entire Bushnell market, it faces limited competition. Hardee’s operates over 1,800 restaurants across the U.S. and 13 other countries. The property is located in Bushnell, near Peoria, Canton, Roseville, and Macomb, with a population of 27,238+.
Insight Report Location Intelligence

Current Use by Public Records

Hardee's Fast Food Restaurant

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bushnell
County
McDonough
State
Illinois
Longitude
-90.5038974
Latitude
40.5451437

FAQs

What type of property is this?
Drive through restaurant - NNN leased Hardee's restaurant for sale in Bushnell, Illinois.
Where is this drive through restaurant located?
The property is located at 220 Green St Bushnell, IL.
What is the asking price?
The asking price for this property is $1,296,000.
What are key features of this property?
This property features: - Guaranteed 20-year net lease with options to renew and rental increases.; - Lease guaranteed by LBE Holdings with substantial revenue.; - Excellent visibility at the intersection of two main thoroughfares.
More about this property
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