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131 N Annie Glidden Rd 4,420 SF of Retail Space Available in Dekalb, IL 60115
Highlights
- Prime High-Traffic Location near one of DeKalb’s busiest intersections and in close proximity to Northern Illinois University.
- Fully Equipped Restaurant Facility includes all furniture, fixtures, and equipment, a commercial kitchen with hood and fire suppression.
- Modern Construction built in 2000 with contemporary layout and infrastructure powered for restaurant or retail use.
- National Retail Co-Tenancy surrounded by major brands.
- Ample Onsite Parking with over 70 spaces on a 1.57-acre lot plus room for a potential drive-thru.
- Opportunity Zone Location offering potential tax benefits to investors under federal designation.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,420 SF | 1-10 Years | $20.00 /SF/YR $1.67 /SF/MO $88,400 /YR $7,367 /MO | Triple Net (NNN) |
1st Floor
The property features a fully built-out restaurant space with seating for up to 234 guests and a fenced outdoor dining area, complemented by a fully equipped commercial kitchen with hood and fire suppression system. All furniture, fixtures, and equipment are included, making it a turnkey opportunity for operators. Additional amenities include over 70 parking spaces, excellent visibility along a high-traffic corridor, and the potential for a drive-thru to maximize convenience and sales.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- High-traffic corridor
- Freestanding building
- Outdoor dining
- Equipped kitchen
- Ample parking
- Drive-thru potential
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Site Plan
Property Facts
| Total Space Available | 4,420 SF | Gross Leasable Area | 4,420 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Restaurant | Parking Ratio | 15.84/1,000 SF |
| Total Space Available | 4,420 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,420 SF |
| Year Built | 2000 |
| Parking Ratio | 15.84/1,000 SF |
About the Property
131 N Annie Glidden Rd in DeKalb offers a strategic opportunity for restaurant or retail operations in a prime location adjacent to the Northern Illinois University campus. The freestanding 4,420 SF building sits on 1.57 acres with over 70 parking spaces and potential for a drive-thru configuration. Formerly an IHOP, the building remains fully equipped, featuring a commercial kitchen with hood and suppression system, dining space for 234 patrons, and fenced outdoor seating.
- Restaurant
- Air Conditioning
Nearby Major Retailers
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131 N Annie Glidden Rd
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