Arby’s
Net Lease
501 East IL Route 173, Antioch, Illinois
Ownership Type:
Fee Simple
Lease Expiration Date:
Approx. 11 years
Renewal Options:
4, 5-year options
Building Sq. Ft.:
3,010 SF
Rent Increases:
8% every 5 years
Investment Highlights
- 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.
Ownership Type:
Fee Simple
Lease Expiration Date:
Approx. 11 years
Renewal Options:
4, 5-year options
Building Sq. Ft.:
3,010 SF
Rent Increases:
8% every 5 years