Fully-Equipped Restaurant & Bar DeKalb, IL - Cornerstone Building!
Outstanding opportunity to lease an incredible upscale modern build-out. Over $400,000 spent on the build-out using the finest quality equipment and building materials. Fully equipped!.
Gorgeous interior with beautiful tile/brick work, stunning light fixtures and stylish seating both inside and out. Boasts a wonderful upscale atmosphere.
Features 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. And ample seating both inside and out!
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.
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 $22,000 to cover the security deposit and 1st month’s rent.
Location: Prime retail space in the Cornerstone Building, 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 and festivals throughout the year.
Perfectly situated on the first floor of this amazing new retail and residential mixed-use building with 51 executive suite apartments above. Also, surrounded by Northern Illinois University, 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 (Current Owner 2022).
Lease Information: Leased space $11,050/mth gross. Current lease expires Sep 2026 with three 5-year options.
Square Feet: 6,000 (4,500 Sqft Finished Space + 1,500 Sqft Adjacent Space + Patio)
Seating: 120 Inside + 75 Outside
Days/Hrs of Operation: Currently closed.
Gross Sales: (Space For Lease).
Net Operating Income: (Space For Lease).
Value of FF&E: Included In Lease Payments.
Value of Inventory: Not Included In Asking Price.
Seller Financing Available: No.
Reasons for Selling: Available.
Competition/Market: Ideal location. The new staple in the area. The go-to spot!
Growth & Expansion: A+ suburban downtown location. High traffic counts. Plus, lots of foot traffic. And a 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