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Hardee's 220 Green St 3,371 SF Retail Building Bushnell, IL 61422 $1,572,363 CAD ($466.44 CAD/SF) 7% Cap Rate
Investment Highlights
- 20-Year Net Lease with (4) 5-Year Options to Renew and 10% Rental Increases Every 5 Years
- The Lease Is Guaranteed by LBE Holdings, Which Includes 64 Units, and Had Totaling $87,000,000 in 2023.
- Hardee’s Operates over 1,800 Restaurants Across the U.S. and 13 Other Countries.
- Excellent Site-Level Visibility – Located at the Intersection of the Two Main Thoroughfares Heading In/Out of the City
- Limited Competition – This Hardee’s Is One of Only Two National Fast-Food Restaurants in the Entire Bushnell Market.
- Bushnell | Near Peoria, Canton, Roseville, and Macomb | Population: 27,238+
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,371 SF
Building Class
B
Year Built
1983
Price
$1,572,363 CAD
Price Per SF
$466.44 CAD
Cap Rate
7%
NOI
$110,079 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.04 AC
Property Taxes
| Parcel Number | 03-000-196-00 | Improvements Assessment | $99,840 CAD |
| Land Assessment | $67,368 CAD | Total Assessment | $167,208 CAD |
Property Taxes
Parcel Number
03-000-196-00
Land Assessment
$67,368 CAD
Improvements Assessment
$99,840 CAD
Total Assessment
$167,208 CAD
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Hardee's | 220 Green St
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