106 E Lincoln Hwy

Fully Equipped Restaurant Opportunity in Prime Downtown DeKalb Location This sublease presents a rare chance to take over a fully-equipped, high-end restaurant space with an incredible build-out and instant equity benefit. Situated in downtown DeKalb at the bustling intersection of Route 38 & 1st Street, this restaurant location is primed for success, featuring a contemporary and stylish interior, outdoor seating, and a prominent position within a new mixed-use development. Current tenants are offering an unbelievable opportunity for a sublease of this gorgeous and modern prime restaurant at a reduced rent amount of $7,000. There are two years left in the lease which saves a new operator at least $50,000 in rent over 2 years. All perspective sublease tenants must be approved by the Landlord. Key Property Highlights: Address: 106 E Lincoln Hwy, DeKalb, IL 60115 Square Footage: 4,500 Sq. Ft. Finished Space + 1,500 Sq. Ft. Adjacent Space + Outdoor Patio with room for 75 patrons Lease Details: Sublease with A+ Tenant (Brewery) Monthly Rent: $7,000/month gross Rent including the purchase of equipment and additional 1500sf space) Lease Expiration: September 2026 with Three 5-Year Renewal Options Security Deposit & Rent Payment: $22,000 Tenants have already paid half of the $120,000 equipment price, giving instant equity to new occupants At the end of the lease term, equipment ownership transfers to the tenant, making this a cost-effective transition into a high-end operation. Build-Out & Equipment: Investment: Over $400,000 spent on the build-out with top-of-the-line materials and equipment. High-End Features: A 20ft kitchen exhaust hood 6-burner stove with oven Convection oven Flat-top grills, fryers, 2-door pizza oven Walk-in coolers, ice machines, glass chillers 6-station POS system Full-service bar with 12-tap draft system, beer coolers, and wine chillers Beautiful tile and brickwork throughout the dining area and bar Indoor seating for 120 and an outdoor patio with seating for 75. State-of-the-art sound system with 14 speakers and 4 large flatscreen TVs. This is a turnkey opportunity, ideal for a new restaurant concept such as a high-end steakhouse, Italian restaurant, or modern American tavern. Location & Demographics: Prime Retail Location: Situated on the first floor of a recently developed mixed-use building with 51 executive suites above, creating an immediate customer base. Co-Tenants: Barb City Bagels and Nail Bar Spa Surrounding Area: In the heart of downtown DeKalb, a high-traffic area frequented by both locals and visitors. The area hosts various events and festivals, driving additional foot traffic. The restaurant is also near Northern Illinois University, with over 25,000 students, offering a constant flow of potential customers. Nearby Development: DeKalb will soon be home to a Facebook Data Center, one of only 12 in the U.S., expected to boost the local economy and bring new business to the area. Why This Opportunity Stands Out: Sublease from a reputable tenant with equipment financing nearly halfway paid off Instant equity for new tenants Upscale atmosphere and professional kitchen setup ready for any high-end restaurant concept Positioned in a revitalized downtown area with plenty of free parking and ample local amenities Benefits from proximity to a large university and future corporate developments like the Facebook Data Center. This restaurant space is an incredible opportunity for any restaurateur looking to break into the DeKalb market with minimal upfront capital and immediate operational capability. The turnkey nature of the property, along with its high-profile location and premium build-out, offers an unparalleled chance for success.