Dq Grill & Chill (200+ Unit Operator) – Wildersville, Tn

Highlights:

• LONG-TERM LEASE ABSOLUTE NNN LEASE: 14 years remaining on initial 20-year Absolute NNN lease with an attractive 8% rental escalations every 5 years
• TENANT: Fourteen Foods, LLC is the largest multi-unit owner/operator of DQ Grill & Chill restaurants and Dairy Queen Braziers with ±209 locations in 13 states! All locations back the performance of the lease!
• SEASONED SALES LOCATION: Successfully open and operating for over a decade with an attractive 7.19% Rent to Sales Ratio (YE 2024)!
• TRAFFIC COUNTS: Limited competition and excellent drive-by visibility from Hwy-22 & I-40 (positioned just off the exit ramp) with traffic counts of 55,413 CPD!
• 2024 DEMOGRAPHICS: Total Population (5MI): 2,699 | Average Household Income (1MI): $82,350

Description:

DQ has 14 years remaining on initial 20-year Absolute NNN lease with an attractive 8% rental escalations every 5 years. The Tenant, Fourteen Foods, LLC is the largest multi-unit owner/operator of DQ Grill & Chill restaurants and Dairy Queen Braziers with ±209 locations in 13 states! All locations back the performance of the lease! It is Successfully open and operating for over a decade with an attractive 7.19% Rent to Sales Ratio (YE 2024)!

The Asset has Limited competition and excellent drive-by visibility from Hwy-22 & I-40 (positioned just off the exit ramp) with traffic counts of 55,413 CPD! Major retailers in nearby Lexington, Tennesee include Walmart, Tractor Supply Co., Save A Lot, Food Giant, Dollar General, Dollar Tree, Hibbett Sports, Goodwill, Walgreens, O’Reilly Auto Parts, AutoZone, T-Mobile, AT&T, Cricket Wireless; Dining options in Lexington, Tennessee include Zaxby’s, Sonic Drive-In, Arby’s, Wendy’s, Taco Bell, KFC, McDonald’s, Subway, Starbucks, and HTeaO. It is 11.5 miles (18 minutes) from Jackson State Community College Jackson - a public community college offering associate degrees in arts, science & applied science programs, serving 4,699 students;

10.5 miles from Henderson County Community Hospital Lexington – a 45-bed facility with complete inpatient, outpatient, diagnostic, medical, surgical & emergency care.

Documents: