This Property is no longer advertised on Showcase.com.
Off Market
1/23

106 E Lincoln Hwy
Dekalb, IL 60115


HIGHLIGHTS

  • Over $400,000 Spent On Build-Out Using The Finest Quality Equipment & Materials
  • Full Bar With 12-Taps, Beer Coolers, Wine Coolers, Glass Chillers, Ice Bins, Dishwashers
  • Lg Prof Kitchen With 20ft Hood/6-Burner Stove/Convection Oven/Flat Top/Fryers/2-Dr Pizza Oven/Walk-In Coolers/POS
  • New Mixed-Use Building In The Heart Of DeKalb’s Bustling Downtown Business District
  • Surrounded By Major University w/25K Students & DeKalb Will Soon Be Home To A Massive Facebook Data Center
  • Incredible Brand New Upscale Modern Build-Out - Bring Your Concept Here!

OVERVIEW

Fully Equipped New Modern Restaurant & Bar For Lease DeKalb, IL - Hot Downtown Location! Incredible Brand-New Upscale Build-Out - Over $400,000 Spent On The Build-Out Outstanding opportunity to lease a new classic American tavern, with a modern twist. Incredible brand new upscale modern build-out. Over $400,000 spent on the build-out using the finest quality equipment and building materials. Fully equipped (all equipment owned by the landlord). Gorgeous interior with beautiful tile & brick work, stunning light fixtures and stylish seating both inside and out. Boasts an upscale atmosphere. A full bar with a 12-tap draft system, beer coolers, wine coolers, glass chillers, ice bins, dishwashers and more. Plus, 4 large flatscreen tvs and a 14-speaker surround system. Also, a large professional kitchen with a 20ft exhaust hood, 6-burner stove w/oven, convection oven, flat top grills, fryers, 2-door pizza oven, walk-in coolers, 6-station POS system and much more. And full basement for storage. Landlord is looking for a seasoned operator with relevant restaurant experience to take over the existing space. Liquor license available. Bring your concept here! Asking $18,000 to cover the first, last month rent and security deposit. Location: Prime retail space in a new 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. On the first floor of an amazing new retail and residential mixed-use building. Co-tenants include Barb City Bagels and Nail Bar Spa with 51 executive suite apartments above. Also, surrounded by a major 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! Year Established: 2019 Lease Information: Leased space $6,000/mth gross. Landlord will sign a new 5-year lease with options. Square Feet: 4,500 + Basement Seating: 120 Days/Hrs of Operation: Closed. (New Owner To Decide) Owners Role: Absentee. Value of FF&E: Included In Asking Price Value of Inventory: Not Included In Asking Price Seller Financing Available: No Reasons for Selling: Looking for a new tenant. Competition/Market: Ideal location. The new staple in the area. A go-to spot. Growth & Expansion: A+ suburban downtown location. High traffic counts. Plus lots of foot traffic. Growing area with the new Facebook Data Center being built! 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. Listed By Ted Aretos at EatZ & Associates / EatZ Real Estate Group LLC

FOR LEASE DETAILS

PRICE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Cornerstone - Dekalb - Tavern On Lincoln

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

6000

STORIES

1

YEAR BUILT

2019

SPRINKLERS

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PARKING SPACES

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LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

08-22-282-011