501 E Il Route 173 - Fast Food FOR SALE


Antioch, IL 60002
$1,564,293 USD
314-324-8792
501 E Il Route 173, Antioch, IL for Sale
$1,564,293 USD
Fast Food - FOR SALE
1/5
null | 6.15% Cap Rate

501 E Il Route 173
Antioch, IL 60002


OVERVIEW

Established Tenant: Arby’s is a globally recognized quick-service restaurant (QSR) brand with over 3,400 locations, offering an investor the security of a proven, recession-resistant corporate operator. Below Replacement Cost: The property is equipped with a drive-thru and priced well below replacement cost for new construction QSR buildings, providing strong residual value for an investor. Primary Commercial Corridor: Route 173 is the area’s main east/west thoroughfare, connecting Antioch and the surrounding area to I-94, providing consistent, daily traffic to the site, which is anchored by Walmart Supercenter and Menards. Targeted Expansion Zone: The Village of Antioch is heavily investing in the Route 173 corridor. With the nearby Antioch Corporate Park expanding and active plans to add over a million square feet of commercial and light industrial space to the area, the daytime population and built-in lunch crowd are positioned for significant growth. Favorable Demographics: Antioch offers an affluent, family-oriented demographic profile with strong average household incomes, ensuring robust discretionary spending on dining and convenience.

FOR SALE DETAILS

PRICE

$1,564,293 USD

PRICE/SF

$482 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arby's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

B-2

APN/PARCEL ID

02-16-201-007

ASK ABOUT THIS PROPERTY

Graham GoldStream Capital PartnersMore Info
314-324-8792

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Graham GoldStream Capital PartnersMore Info
314-324-8792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.