220 Green Street, Bushnell, IL 61422

Building Details

Year Built

1983

Listing agent Russell Smith License #587553

Listing office Secure Net Lease

Listing date Jun 15, 2026

Source Crexi

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All listing content including descriptions, pricing, images are the copyrighted material of Secure Net Lease

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Overview

The property is a Hardee’s fast-food restaurant offered as a 20-year net lease. Rent commenced in August 2022, with (4) 5-year options to renew. The lease includes 10% rental increases every 5 years and is guaranteed by LBE Holdings. The site is sized at 3,371 square feet.

The subject property benefits from site-level visibility at the intersection of Green Street and Ludwig Street, which serve as the two main thoroughfares heading in and out of the city of Bushnell. Reported traffic counts are 7k+ VPD.

For investors or buyers looking for a stabilized, single-tenant NNN retail restaurant investment, this offering provides long lease duration with scheduled rent escalations and multiple renewal options. The operating platform is affiliated with Tristar Ventures, which operates 26 units throughout Illinois and Indiana, and is part of the CKE Restaurant system. The lease is also supported by a broader guarantee structure tied to LBE Holdings.

Suggested Use

Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store 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

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FAQs

What type of property is this?

Conventional restaurant - 20-year net lease starting Aug 2022 with renewal options and step rent increases on a Hardee’s fast-food site.

Where is this conventional restaurant located?

The property is located at 220 Green Street Bushnell, IL.

What is the asking price?

The asking price for this property is $1,157,000.

What are key features of this property?

This property features: Hardee’s fast‑food site built in 1983 with a 20‑year net lease that commenced in August 2022; 20‑year net lease includes four 5‑year renewal options; Lease provides 10% rental increases every 5 years