Restaurant
Dairy Queen | 6.10% Cap | Spring, TX
1651 Louetta Rd, Spring, TX 77388
Listing Price: $3,400,000
Cap Rate
6.10%
Tenant Name
Dairy Queen
Years Remaining On Lease
14.7
Guarantor
Personal Guarantee
Rentable SF
3,904
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.11
Investment Overview
NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Part of the Houston MSA
Dairy Queen | 6.10% Cap | Spring, TX
Investment Highlights
- Located in the Epicenter of Spring, Texas, Just Off of the I-45 and Texas-99, Planked by Two Densely Packed Housing Communities – North of an AMC Theatre and Urban Air Trampoline park
- NNN Lease with Zero Landlord Responsibilities | 15 Years Remaining on a 20-Year Term, Featuring Generous Increases and Two 5-Year Extension Options
- Dual Personal Guarantees in Place
- The Tenant – ZDR Holzwarth, LP – Is a Dairy Queen Franchisee With Over 19 Years of Franchise Operations Expertise
Exclusively Listed By
Broker of Record
Listing Price: $3,400,000
Cap Rate
6.10%
Tenant Name
Dairy Queen
Years Remaining On Lease
14.7
Guarantor
Personal Guarantee
Rentable SF
3,904
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$53.11
Investment Highlights
- Located in the Epicenter of Spring, Texas, Just Off of the I-45 and Texas-99, Planked by Two Densely Packed Housing Communities – North of an AMC Theatre and Urban Air Trampoline park
- NNN Lease with Zero Landlord Responsibilities | 15 Years Remaining on a 20-Year Term, Featuring Generous Increases and Two 5-Year Extension Options
- Dual Personal Guarantees in Place
- The Tenant – ZDR Holzwarth, LP – Is a Dairy Queen Franchisee With Over 19 Years of Franchise Operations Expertise
Investment Overview
NNN Lease w/ Zero Landlord Responsibilities | Attractive Rental Increases | Part of the Houston MSA
Exclusively Listed By
Broker of Record
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
