Restaurant
DQ Grill & Chill | New 20-Yr NNN | Personal Guaranty | 2019 Construction | Westworth Village, TX
6645 Westworth Blvd, Westworth Village, TX 76114
Listing Price: $2,800,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a freestanding DQ Grill & Chill drive-thru located at 6645 Westworth Boulevard in Westworth Village, Texas, within the Dallas-Fort Worth metroplex. The ±2,685-square-foot restaurant, built in 2019, sits on ±1.09 acres and will be secured by a new 20-year NNN lease commencing at close of escrow with zero landlord responsibilities and four (4) five-year renewal options. The property generates $174,000 in annual base rent at a 6.00% cap rate, with scheduled 10% rent increases every five years providing consistent income growth and inflation protection. The lease is backed by a personal guaranty from the franchisee.
The property is positioned along Westworth Boulevard (SH 183, ±27,941 VPD) near Interstate 30, with corridor neighbors including Chick-fil-A, Sonic, Whataburger, and Wells Fargo. The surrounding trade area serves a dense population of 232,817 residents within 3 miles, with an average household income of $120,532. Major demand drivers include NAS Fort Worth Joint Reserve Base, Lockheed Martin, Walmart Supercenter, Sam's Club, and Brewer High School (2,080 students). Dairy Queen operates 7,700+ locations worldwide as a subsidiary of Berkshire Hathaway Inc., with $6.4 billion in 2024 revenue and ranking #17 among the top 50 QSR brands, pairing iconic brand recognition with passive, long-term net-lease income.
Investment Highlights
- New 20-Year NNN Lease Commencing at Close of Escrow with Zero Landlord Responsibilities
- Four (4) Five-Year Renewal Options for Up to 40 Years of Potential Lease Term
- Scheduled 10% Rent Increases Every 5 Years Providing Consistent Income Growth
- Personal Guaranty from the Franchisee
- 2019 Construction on ±1.09-Acre Freestanding Parcel with Drive-Thru and Dine-In Seating
- High-Visibility Location Along Westworth Boulevard (SH 183, ±27,941 VPD) Near I-30
- Dense Trade Area with 232,817 Residents and $120,532 Average Household Income Within 3 Miles
- Supported by NAS Fort Worth JRB, Lockheed Martin, and Nearby $1.7B Westside Village Mixed-Use Development
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division
Restaurant
DQ Grill & Chill | New 20-Yr NNN | Personal Guaranty | 2019 Construction | Westworth Village, TX
Listing Price: $2,800,000
Investment Highlights
- New 20-Year NNN Lease Commencing at Close of Escrow with Zero Landlord Responsibilities
- Four (4) Five-Year Renewal Options for Up to 40 Years of Potential Lease Term
- Scheduled 10% Rent Increases Every 5 Years Providing Consistent Income Growth
- Personal Guaranty from the Franchisee
- 2019 Construction on ±1.09-Acre Freestanding Parcel with Drive-Thru and Dine-In Seating
- High-Visibility Location Along Westworth Boulevard (SH 183, ±27,941 VPD) Near I-30
- Dense Trade Area with 232,817 Residents and $120,532 Average Household Income Within 3 Miles
- Supported by NAS Fort Worth JRB, Lockheed Martin, and Nearby $1.7B Westside Village Mixed-Use Development
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a freestanding DQ Grill & Chill drive-thru located at 6645 Westworth Boulevard in Westworth Village, Texas, within the Dallas-Fort Worth metroplex. The ±2,685-square-foot restaurant, built in 2019, sits on ±1.09 acres and will be secured by a new 20-year NNN lease commencing at close of escrow with zero landlord responsibilities and four (4) five-year renewal options. The property generates $174,000 in annual base rent at a 6.00% cap rate, with scheduled 10% rent increases every five years providing consistent income growth and inflation protection. The lease is backed by a personal guaranty from the franchisee. The property is positioned along Westworth Boulevard (SH 183, ±27,941 VPD) near Interstate 30, with corridor neighbors including Chick-fil-A, Sonic, Whataburger, and Wells Fargo. The surrounding trade area serves a dense population of 232,817 residents within 3 miles, with an average household income of $120,532. Major demand drivers include NAS Fort Worth Joint Reserve Base, Lockheed Martin, Walmart Supercenter, Sam's Club, and Brewer High School (2,080 students). Dairy Queen operates 7,700+ locations worldwide as a subsidiary of Berkshire Hathaway Inc., with $6.4 billion in 2024 revenue and ranking #17 among the top 50 QSR brands, pairing iconic brand recognition with passive, long-term net-lease income.
Exclusively Listed By
Broker of Record
-
Tim Speck
Executive Managing Director, Chief Revenue Officer -Texas/Mountain States/Pacific Northwest Division