Restaurant
Dairy Queen | Absolute NNN Lease | Largest Dairy Queen Operator (240+ Locations)
204 N Kiwanis Ave, Sioux Falls, SD 57104
Listing Price: $1,280,000
Cap Rate
5.60%
Tenant Name
Frauenshuh Hospitality Group of Minnesota, LLC
Years Remaining On Lease
12.9
Guarantor
Franchisee Guarantee
Rentable SF
2,484
Lease Type
Absolute Net
Rent Per Square Feet
$28.85
Investment Overview
Marcus & Millichap is pleased to present a Dairy Queen located in Sioux Falls, South Dakota.
Investment Highlights
- Long Term Absolute Triple Net Lease with Zero Landlord Responsibilities
- Strong Guarantee from Largest Dairy Queen Franchisee (Over 240 Locations)
- Surrounded by Major Economic Drivers
- Sioux Falls is a Top Growth Market in the United States
Exclusively Listed By
Broker of Record
Financing By
Restaurant
Dairy Queen | Absolute NNN Lease | Largest Dairy Queen Operator (240+ Locations)
Listing Price: $1,280,000
Cap Rate
5.60%
Tenant Name
Frauenshuh Hospitality Group of Minnesota, LLC
Years Remaining On Lease
12.9
Guarantor
Franchisee Guarantee
Rentable SF
2,484
Lease Type
Absolute Net
Rent Per Square Feet
$28.85
Investment Highlights
- Long Term Absolute Triple Net Lease with Zero Landlord Responsibilities
- Strong Guarantee from Largest Dairy Queen Franchisee (Over 240 Locations)
- Surrounded by Major Economic Drivers
- Sioux Falls is a Top Growth Market in the United States
Investment Overview
Marcus & Millichap is pleased to present a Dairy Queen located in Sioux Falls, South Dakota.