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1650 S Galena Ave
Dixon, IL 61021
Arby’s: Brand New 20 Year Absolute NNN Lease · Retail Property For Sale
PROPERTY FACTS
ABOUT 1650 S GALENA AVE , DIXON, IL 61021
Arby’s has a brand new 20-year Absolute NNN lease with 5% rental escalations every 5 years and four 5-year renewal options. The tenant, Heartland Beef, Inc. is a large Arby’s franchisee with 37 units in Illinois, Indiana, Iowa, Ohio, & Missouri. This asset has new high-quality build-to-suit construction of Arby’s newest “Inspire” prototype in 2019 and strong sales performance since opening (ask broker for details). Arby’s is located in Dixon, Illinois on a pad-site to Walmart Supercenter with excellent drive-by visibility on the main north/south thoroughfare. Nearby retailers include: ALDI, Tractor Supply Co., Dollar Tree, Dollar General, Ace Hardware, AutoZone, O’Reilly Auto Parts, NAPA Auto Parts, Maurices, Pet Supplies Plus, County Market, Verizon, US Cellular, Walgreens, GNC, Anytime Fitness, etc. The subject location is 8 miles from Sauk Valley Community College (enrollment of 1,674) and less than 2 miles from Katherine Shaw Berthea (KSB) Hospital (80 beds). *In Association with Illinois Local Broker: Travis R. Tarrant, Tarrant & Harman Real Estate & Auction Co. #471016673
PROPERTY TAXES
| Parcel Number | 18-08-09-176-010 | Improvements Assessment | $161,344 |
| Land Assessment | $20,087 | Total Assessment | $181,431 |
PROPERTY TAXES
