On Its Main Street (Highly Trafficked Route 38) In The Heart Of DeKalb’s Bustling Downtown Business District
DeKalb, IL
Asking Price: $75,000
Gross Sales: $(Asset Sale)
Net Operating Income: $(Asset Sale)
Monthly Rent: $4,000
Lease Expiration: (New Lease)
Options: (New Lease)
Year Established:
Owner Operated: No
Seller Financing: No
Food Type: American, Any, Bakery/Cupcakes/Cakes, BBQ Place, Beef/Burgers/Gyros/Hot Dog Joint, Bistro, Breakfast & Lunch/Brunch, Buffet, Burgers, Cafe, Cajun, Chinese, Coffee Shop, Deli, Diner, German, Greek/Mediterranean, Grill, Indian, Italian, Japanese, Mexican/Tex-Mex, Pizza Place, Sandwich Shop, Seafood Place, Sushi/Poke, Thai, Wings Place
Service Type: Fast Casual
Business Type: Independent
Sale Type: Asset Sale

Description:

Incredible opportunity to take-over a newly built-out restaurant in a prime suburban downtown location!

Clean modern build-out. Fully equipped with top-of-the-line furniture, fixtures and equipment. High ceilings with exposed ductwork. Floor to ceiling front windows that open to the outside. Sidewalk patio in the warmer months. Features a good-sized kitchen line and walk-in cooler. Full basement.

Asset sale - all FF&E included. No financials. Over $200,000 spent on the build-out. Bring your concept here!

Feel free to stop by the location first. This is a HIGHLY confidential listing. If interested, contact EatZ for more information. Showings by appointment only.

County: DeKalb
Location:

Prime retail space in Plaza Dekalb, a new multi-million-dollar mixed-use building in the heart of DeKalb’s bustling downtown business district, the destination of choice for shopping and dining. This amazing revitalized downtown area also boasts free parking and lots of events & festivals throughout the year.

Part of an amazing new retail and residential mixed-use building. Adjacent Insomnia Cookies and Salon Suites along with 51 executive suite apartments above. Around the corner from the Egyptian Theater with over 900 seats. Also, surrounded by Northern Illinois University with over 25,000 students!

In addition, DeKalb will soon be home to a massive Facebook data center. One of only 12 campuses in the country and 16 in the world. Local government and business officials expect it to greatly benefit the local economy!

Real Estate: Owned
Facilities:

Lease Information: Leased space $4,000/mth gross. Landlord will sign a new 5-year lease with options. Square Feet: 2,100 (+ Full Basement). Seating: 50 Inside & 60 Outside.

Value of FF&E: Included In Asking Price (Valued at $180,000).
Value of Inventory: Not Included In Asking Price.
Competition:

Upscale new development. Newly built-out restaurant space. Fully equipped - turnkey! Can easily be converted to any concept. Surrounded by many other popular restaurants. Revitalized area with a booming lunch and dinner crowd!

Growth and Expansion:

A+ suburban downtown location. On the main street of downtown DeKalb. Also, a major route with high traffic counts. Plus, lots of foot traffic. And a growing area with the new Facebook Data Center being built!

Seller Financing Available: No.
Reason For Selling: Landlord seeking a new tenant.