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Restaurant

DQ Grill & Chill

2121 Kaliste Saloom Rd, Lafayette, LA 70508

Listing Price: $2,438,100

Cap Rate
5.25%
Tenant Name
Dairy Queen
Years Remaining On Lease
16.6
Guarantor
Corporate Guarantee
Rentable SF
2,522
Lease Type
Absolute Net
Rent Per Square Feet
$50.75

Investment Overview

This passive NNN investment opportunity offers a long term lease with a national QSR tenant, and zero landlord obligations. International Dairy Queen Inc., (IDQ), develops, licenses and services a system of more than 7,000 locations in the United States, Canada and 20 other countries. IDQ is a subsidiary of Berkshire Hathaway Inc., which is led by Warren Buffet, the legendary investor and CEO of Berkshire.

Investment Highlights

  • True NNN lease, zero landlord obligations
  • Built in regular increases hedge against inflation
  • Dairy Queen is one of the nation's largest fast food restaurants, with over 7,000 locations
  • Personal Guaranty from a 30 +/- unit experienced operator (first unit acquired in 2007)
  • DG Grill & Chill is Dairy Queen's newest format, with expanded menu items and vital drive-thru access
  • Strategically located on Kaliste Saloom Rd, one of the region's main thoroughfares
  • Lafayette is densely populated with more than 142,000 residents living within 5 miles from the subject site
  • Located near the affluent River Ranch neighborhood, the average HHI in a 1 miles radius is $136K

Exclusively Listed By

Financing By

Restaurant

DQ Grill & Chill

Listing Price: $2,438,100

Cap Rate
5.25%
Tenant Name
Dairy Queen
Years Remaining On Lease
16.6
Guarantor
Corporate Guarantee
Rentable SF
2,522
Lease Type
Absolute Net
Rent Per Square Feet
$50.75

Investment Highlights

  • True NNN lease, zero landlord obligations
  • Built in regular increases hedge against inflation
  • Dairy Queen is one of the nation's largest fast food restaurants, with over 7,000 locations
  • Personal Guaranty from a 30 +/- unit experienced operator (first unit acquired in 2007)
  • DG Grill & Chill is Dairy Queen's newest format, with expanded menu items and vital drive-thru access
  • Strategically located on Kaliste Saloom Rd, one of the region's main thoroughfares
  • Lafayette is densely populated with more than 142,000 residents living within 5 miles from the subject site
  • Located near the affluent River Ranch neighborhood, the average HHI in a 1 miles radius is $136K

Investment Overview

This passive NNN investment opportunity offers a long term lease with a national QSR tenant, and zero landlord obligations. International Dairy Queen Inc., (IDQ), develops, licenses and services a system of more than 7,000 locations in the United States, Canada and 20 other countries. IDQ is a subsidiary of Berkshire Hathaway Inc., which is led by Warren Buffet, the legendary investor and CEO of Berkshire.

Exclusively Listed By

Financing By

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