Overview

Description

• More than 16 years remaining on the lease with 4 (5-year) options to extend, demonstrating their commitment to the site
• The lease features rental increases in years 4, 9, 14, and at the beginning of each option, generating NOI and hedging against inflation
• The lease is franchisee guaranteed
• With over 7,000 global locations, Dairy Queen is among the largest quick service restaurants, and is most known for their wide array of soft serve ice cream options
• Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
• No landlord responsibilities
• Ideal, management-free investment for an out-of-state, passive investor

• Dairy Queen is located off Westbank Expressway (100,400 VPD), providing direct on/off ramp access for travelers
• The immediate trade area is supported by surrounding retailers such as The Home Depot, Walgreens, Floor & Decor, Best Buy, Office Depot, and more
• 2022 construction that features high-quality materials, distinct Dairy Queen design elements, and high-level finishes
• The freestanding building is complete with a drive-thru to maximize both sales and convenience to the dense customer base immediately surrounding the site
• More than 345,000 residents and 228,000 employees support the trade area
• $84,614 average household income

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