Restaurant
Dairy Queen | Strong Sales and Guaranty
501 Lower Huntington Rd, Fort Wayne, IN 46819
Listing Price: $1,564,114
Investment Overview
Absolute NNN Lease | Very Healthy ~6.4% RTS Ratio | $300MM+ Personal Guaranty | Located in a Significant Economic and Cultural Hub in the Midwest Region
Dairy Queen | Strong Sales and Guaranty
Investment Highlights
- Approximately 16 Years Remaining on Base Term of Absolute NNN Lease
- Zero Landlord Responsibilities Making This Investment Ideal for Passive Out-of-State Investor
- Healthy Rent-to-Sales Ratio and Strong Operating History
- Extremely Strong Personal Guaranty From Three (3) Individuals (Combined ±$300M Net Worth)
- There Are 2% Annual Rental Increases Throughout the Base Term and Option Periods, Providing an Excellent Hedge Against Inflation
- The Tenant Has Been in the Dairy Queen System Since 1991 and Has a Myriad of Experience Owning and Operating Many Different Concepts in the Mid-West
- Nearby Major Retailers Include: Walmart Supercenter, Menards, ALDI, Planet Fitness, Dollar General, Kroger, Walgreens, Dollar Tree, Starbucks, and Many More National Tenants
- Situated on a Strong Signalized Corner Ensuring Prominent Exposure and Easy Access w/ Close Proximity to Highway-27, a Major US Highway that Passes Through 6 Different States
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $1,564,114
Investment Highlights
- Approximately 16 Years Remaining on Base Term of Absolute NNN Lease
- Zero Landlord Responsibilities Making This Investment Ideal for Passive Out-of-State Investor
- Healthy Rent-to-Sales Ratio and Strong Operating History
- Extremely Strong Personal Guaranty From Three (3) Individuals (Combined ±$300M Net Worth)
- There Are 2% Annual Rental Increases Throughout the Base Term and Option Periods, Providing an Excellent Hedge Against Inflation
- The Tenant Has Been in the Dairy Queen System Since 1991 and Has a Myriad of Experience Owning and Operating Many Different Concepts in the Mid-West
- Nearby Major Retailers Include: Walmart Supercenter, Menards, ALDI, Planet Fitness, Dollar General, Kroger, Walgreens, Dollar Tree, Starbucks, and Many More National Tenants
- Situated on a Strong Signalized Corner Ensuring Prominent Exposure and Easy Access w/ Close Proximity to Highway-27, a Major US Highway that Passes Through 6 Different States
Investment Overview
Absolute NNN Lease | Very Healthy ~6.4% RTS Ratio | $300MM+ Personal Guaranty | Located in a Significant Economic and Cultural Hub in the Midwest Region
Exclusively Listed By
Broker of Record
-
Josh Caruana
First Vice President/District Manager
Financing By
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