New Family Dollar | Dollar
For Sale
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1099 Cole St, Bushnell, IL 61422
Freestanding Family Dollar | Dollar Tree in Bushnell, Illinois.
Property Size10,500 SF
Price / SF$123.68
Days on Market762
Property Features for 1099 Cole St
General Information
Standard status
Active
Size
10,500 SF
Property subtype
Retail
Zoning
NZ
Building Details
Year Built
2023
Listing Agency:
Fortis Net Lease
(248) 419-3810
Listed By:
Kyle Carson · License #MI 6501384480
Source:
Crexi
Added: Jul 22, 2024
Changed: Aug 21
Last Checked: May 12 at 9:58PM
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.
This 10,500 SF freestanding Family Dollar | Dollar Tree dual concept store is located in Bushnell, Illinois. The property is subject to a Double Net (NN) Lease, with minimal landlord responsibilities. 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 an investment grade credit rating of “BBB-”. Constructed and opened in June 2023, the Family Dollar | Dollar Tree store is positioned on the corner of Cole Street and Smith Street, with a traffic count 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 within a ten mile radius has a population of 7,090, and the average household income within a three mile radius is $55,315 per year. This property is suited for a 1031 exchange buyer or a passive investor seeking fee simple ownership. The location offers continued success due to the financial strength and profitability of the tenant. Bushnell is located in McDonough County, approximately 45 miles south of Galesburg and 50 miles north of Quincy, covering an area of about 2.5 square miles. The surrounding landscape includes rolling hills and farmlands. Downtown Bushnell features local shops, restaurants, and historic buildings.
Key Highlights
- New 10,500 SF freestanding Family Dollar | Dollar Tree dual concept store, opened June 2023.
- Corporate guarantee by Dollar Tree (credit rating “BBB-”, Investment Grade).
- Double Net (NN) Lease with minimal landlord responsibilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
164
Businesses Nearby
24k
Monthly Visits Nearby
Balanced
Demand for This Use
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
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Similar Off Market Nearby
- Bushnell Market — 1001 Cole St, Bushnell, IL 61422
Frequently Asked Questions
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 Cole St Bushnell, IL.
What is the asking price?
The asking price for this property is $1,298,684.
What are key features of this property?
This property features: New 10,500 SF freestanding Family Dollar | Dollar Tree dual concept store, opened June 2023.; Corporate guarantee by Dollar Tree (credit rating “BBB-”, Investment Grade).; Double Net (NN) Lease with minimal landlord responsibilities.
