Investment Overview

Marcus & Millichap is pleased to present this Dairy Queen Grill & Chill restaurant located in Eufaula, Alabama. The property consists of a 0.91-acre parcel improved with a 2,729-square foot building. This location was developed in 2018. This franchisee operates a total of four Dairy Queen locations in Alabama and Arkansas. The property will be subject to a 19-year triple-net lease that commenced in September, 2019. The minimum annual base rent will be $90,000 with 10 percent rent escalations every five years during the initial base term and then four, five-year option periods. The property is strategically positioned off Highway 431 with ingress and egress from the highway. The property has exposure to more than 28,000 vehicles per day. Located in an improving retail and hospitality corridor, other major tenants include multiple grocers and hotels along with McDonald’s, Chick-fil-A, Advance Auto Parts, Baymont Inn & Suites, and Tractor Supply to name a few.