Grill the Hot Dogs: Place the hot dogs on the preheated grill and cook for about 5-7 minutes, turning occasionally, until they are heated through and have grill marks. Remove from heat.
Toast the Hot Dog Buns: While the hot dogs are grilling, place the hot dog buns on the grill for a minute or two to lightly toast them. Remove from heat.
Assemble the Hot Dogs: Place each grilled hot dog into a bun. Add mustard, ketchup, or any other condiments of your choice.
Prepare the Arnold Palmer: In a pitcher, combine the iced tea and lemonade. Stir well to mix. Serve over ice if desired.
Serve the hot dogs with chips, pickle, and Arnold Palmer.