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Restaurant

Dairy Queen

3120 W Kenosha St, Broken Arrow, OK 74012

Listing Price: $2,800,000

Cap Rate
5.00%
Tenant Name
Dairy Queen
Guarantor
Franchisee Guarantee
Rentable SF
3,247
Lease Type
Absolute Net
Rent Per Square Feet
$43.12

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Dairy Queen a single-tenant property located at 3120 West Kenosha Street, Tulsa (Broken Arrow), Oklahoma 74012. ? The subject property is comprised of 3,247 square feet, built-in 2005, on a large 1.14 Acre lot with drive thru. Situated on West Kenosha Street which oversees 17,954 vehicles per day. The subject property is surrounded by many national tenants and near two schools totaling 776 students. ? Dairy Queen, often abbreviated DQ, is a chain of soft serve ice cream and fast-food restaurants owned by International Dairy Queen, Inc., A Subsidiary of Berkshire Hathaway. International Dairy Queen, Inc., Also owns Orange Julius and Karmelkorn. DQ operators have been providing consumers with treats and food since 1940 and is headquartered in Edina, Minnesota. ? The franchisee at this location currently operates 30 Dairy Queen units & 5 Taco John’s Units in Colorado, Washington, Oklahoma and Oregon. They have over 35 years of operating experience with multiple concepts. Founded in 1995 they are headquartered in Laguna Hills, California.

Investment Highlights

  • New 20 Year Absolute-Net Lease: to be Signed at the Close of Escrow.
  • Experienced Operator: 30 Unit Dairy Queen Operator / 5 Unit Taco John's Operator (11 Unit Guaranty) with Over 35 Years of Industry Experience.
  • High Traffic Area: Dairy Queen is Located Broken Arrow's Major Thoroughfare West Kenosha Street Which Oversees 17,954 Vehicles Per Day.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (918) 294-6300

    License(s) OK: 181981

    Oklahoma

Listing Price: $2,800,000

Cap Rate
5.00%
Tenant Name
Dairy Queen
Guarantor
Franchisee Guarantee
Rentable SF
3,247
Lease Type
Absolute Net
Rent Per Square Feet
$43.12

Investment Highlights

  • New 20 Year Absolute-Net Lease: to be Signed at the Close of Escrow.
  • Experienced Operator: 30 Unit Dairy Queen Operator / 5 Unit Taco John's Operator (11 Unit Guaranty) with Over 35 Years of Industry Experience.
  • High Traffic Area: Dairy Queen is Located Broken Arrow's Major Thoroughfare West Kenosha Street Which Oversees 17,954 Vehicles Per Day.

Investment Overview

The Deltondo Group and Marcus & Millichap are pleased to present for sale Dairy Queen a single-tenant property located at 3120 West Kenosha Street, Tulsa (Broken Arrow), Oklahoma 74012. ? The subject property is comprised of 3,247 square feet, built-in 2005, on a large 1.14 Acre lot with drive thru. Situated on West Kenosha Street which oversees 17,954 vehicles per day. The subject property is surrounded by many national tenants and near two schools totaling 776 students. ? Dairy Queen, often abbreviated DQ, is a chain of soft serve ice cream and fast-food restaurants owned by International Dairy Queen, Inc., A Subsidiary of Berkshire Hathaway. International Dairy Queen, Inc., Also owns Orange Julius and Karmelkorn. DQ operators have been providing consumers with treats and food since 1940 and is headquartered in Edina, Minnesota. ? The franchisee at this location currently operates 30 Dairy Queen units & 5 Taco John’s Units in Colorado, Washington, Oklahoma and Oregon. They have over 35 years of operating experience with multiple concepts. Founded in 1995 they are headquartered in Laguna Hills, California.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (918) 294-6300

    License(s): OK: 181981

    Oklahoma

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