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Net Leased Fast-Food Restaurant
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220 Green St, Bushnell, IL 61422

Single-tenant restaurant building built in 1983 and renovated in 2012, secured by a 20-year net lease.

Property Size3,371 SF
Lot Size1.04 Acres
Price / SF$343.22
Days on Market325

Property Features for 220 Green St

General Information

Standard status Active
Size 3,371 SF
Lot size 1.04 Acres
Property subtype RETAIL

Building Details

Year Built 1983
Year Renovated 2012
Listing Agency: Secure Net Lease - Dallas
Listed By: Russell Smith · License #587553
Source: Moodyscre
Added: Sep 16, 2025 Changed: Jul 27 Last Checked: Jul 27 at 9:16AM

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 Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

This net leased fast-food restaurant features a 3,371+/- square-foot building constructed in 1983 and renovated in 2012, situated on a 1.04+/- acre site. The property is leased on a 20-year net lease with (4) five-year renewal options, and includes 10% rental increases every five years. The lease is guaranteed by LBE Holdings, which includes 64 units, and reported totals of $87,000,000 in 2023.

The subject benefits from excellent site-level visibility at the intersection of two main thoroughfares heading into and out of the city. The property is located in Bushnell, IL.

In addition, the Hardee’s brand operates over 1,800 restaurants across the U.S. and in 13 other countries. The property is described as one of only two national fast-food restaurants in the Bushnell market.

Key Highlights

  • 3,371+/- SF single‑tenant Hardee’s restaurant building built in 1983 and renovated in 2012
  • Located on a 1.04+/- acre site at the intersection of two main thoroughfares heading in/out of the city
  • 20‑year net lease with (4) 5‑year renewal options and 10% rental increases every 5 years

Property Analytics

Current Use

Hardee's Restaurant

Suggested Use

Top Pick Dental Office HVAC Service Pharmacy Electrical Service Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

177
Businesses Nearby
16k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Dining 46%
Bushnell Shops & Services
8,779 visits/mo 0.4 miles
Hardee's Dining
6,175 visits/mo 0.1 miles
SUBWAY Dining
1,167 visits/mo 0.2 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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Single-tenant restaurant building built in 1983 and renovated in 2012, secured by a 20-year net lease.
Where is this conventional restaurant located?
The property is located at 220 Green St Bushnell, IL.
What is the asking price?
The asking price for this property is $1,157,000.
What are key features of this property?
This property features: 3,371+/- SF single‑tenant Hardee’s restaurant building built in 1983 and renovated in 2012; Located on a 1.04+/- acre site at the intersection of two main thoroughfares heading in/out of the city; 20‑year net lease with (4) 5‑year renewal options and 10% rental increases every 5 years
(214) 915-8890 Call to check price and availability
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