New Dual Concept
1099 North Cole Street, Bushnell, IL 61422
Freestanding Family Dollar | Dollar Tree in Bushnell, Illinois.
Type:Retail
Property size:
10,500 SF- Added:
- Jan 27, 2026
- Days on Market:
- 114
- Last Refresh:
- Apr 5 at 8:54 pm
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 agent Bryan Bender License #6501319610 (248) 419-3810
Listing office Fortis Net Lease (248) 419-3810
Listing date Jan 27, 2026
Source Fortisnetlease
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
HighLights
- Investment Grade Credit Tenant: Lease is corporately guaranteed by Dollar Tree, with a 'BBB-' credit rating.
- New 2023 Construction: Minimizing immediate capital expenditure concerns.
- Desirable Double Net (NN) Lease: Requires minimal landlord responsibilities.
- High‑Yielding Investment: List price reflects an attractive 8.50% cap rate based on NOI of $123,375.
- Strategic Corner Lot Location: On main thoroughfare with 2,686 cars per day and across from a new Dollar General Market.
- Dual Concept Store: Family Dollar | Dollar Tree dual concept stores see a 20% increase in revenue.
Overview
This freestanding 10,500 SF Family Dollar | Dollar Tree dual concept store is located in Bushnell, Illinois. The property is under a Double Net (NN) Lease, assigning minimal responsibilities to the landlord. The lease includes 4 options to renew, each for 5 years, with a $0.50 PSF rental rate increase. The lease is corporately guaranteed by Dollar Tree, which holds a credit rating of “BBB-”, classified as Investment Grade. Constructed in 2023, the store opened in June 2023. Situated on the corner of Cole Street and Smith Street, the store benefits from high visibility and traffic of 2,686 cars per day. It is located across the street from a new Dollar General Market store on the main thoroughfare. The surrounding area has a ten mile population of 7,090 and a three mile average household income of $55,315. The property features a concrete parking lot. Bushnell is located in McDonough County, approximately 45 miles south of Galesburg and 50 miles north of Quincy. The surrounding landscape includes rolling hills and farmlands. Downtown Bushnell has local shops, restaurants, and historic buildings.
Location Intelligence
Current Use by Public Records
Family Dollar
Discount Store
Similar Places Nearby
- Bushnell Market — 1001 Cole St, Bushnell, IL 61422
Location Insight
- Map
- Local Demand
- City
- Bushnell
- County
- McDonough
- State
- Illinois
- Longitude
- -90.4992
- Latitude
- 40.5561
FAQs
What type of property is this?
Grocery and convenience store - Freestanding Family Dollar | Dollar Tree in Bushnell, Illinois.
Where is this grocery and convenience store located?
The property is located at 1099 North Cole Street Bushnell, IL.
What is the lease rate?
The lease rate is $1,451,470.
What are key features of this property?
This property features: Investment Grade Credit Tenant: Lease is corporately guaranteed by Dollar Tree, with a 'BBB-' credit rating.; New 2023 Construction: Minimizing immediate capital expenditure concerns.; Desirable Double Net (NN) Lease: Requires minimal landlord responsibilities.
