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Miscellaneous

Dairy Queen

US-287, Boise City, OK 73933

Listing Price: $400,000

Cap Rate
4.87%
Tenant Name
Dairy Queen
Years Remaining On Lease
0.9
Guarantor
Franchisee Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$7.79

Investment Overview

The subject property is a completely rebuilt Dairy Queen Grill and Chill location in Boise City, Oklahoma. Dairy Queen has operated at this location since 1989 and the franchisee has a long standing history at this location. In 2013, the store burned completely to the ground, and the franchisee chose to fully re-build to the updated Grill & Chill format showing strong commitment to the location and the market. The current lease operates on a month to month basis, providing any incoming investor the opportunity to work with the current franchisee to establish a long term, mutually beneficial lease for both parties. The Dairy Queen serves as both a go-to location for Boise City itself as well as a destination stop for anyone traveling through the Oklahoma panhandle. Sitting at the nexus of several major highways including Highway 385, 287 and 56, Boise City is as an oasis for travelers making their way between Colorado, New Mexico, Texas and Kansas. With limited competition, the Dairy Queen location benefits from these travelers and the surrounding market to provide quality food at a great price.

Investment Highlights

  • Completely Rebuild and Updated
  • Located Near Several Major Highways
  • Limited Competition in the Area

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s) OK: 181981

    Oklahoma

Financing By

Listing Price: $400,000

Cap Rate
4.87%
Tenant Name
Dairy Queen
Years Remaining On Lease
0.9
Guarantor
Franchisee Guarantee
Rentable SF
2,500
Lease Type
Absolute Net
Rent Per Square Feet
$7.79

Investment Highlights

  • Completely Rebuild and Updated
  • Located Near Several Major Highways
  • Limited Competition in the Area

Investment Overview

The subject property is a completely rebuilt Dairy Queen Grill and Chill location in Boise City, Oklahoma. Dairy Queen has operated at this location since 1989 and the franchisee has a long standing history at this location. In 2013, the store burned completely to the ground, and the franchisee chose to fully re-build to the updated Grill & Chill format showing strong commitment to the location and the market. The current lease operates on a month to month basis, providing any incoming investor the opportunity to work with the current franchisee to establish a long term, mutually beneficial lease for both parties. The Dairy Queen serves as both a go-to location for Boise City itself as well as a destination stop for anyone traveling through the Oklahoma panhandle. Sitting at the nexus of several major highways including Highway 385, 287 and 56, Boise City is as an oasis for travelers making their way between Colorado, New Mexico, Texas and Kansas. With limited competition, the Dairy Queen location benefits from these travelers and the surrounding market to provide quality food at a great price.

Exclusively Listed By

Broker of Record

  • Mark R. McCoy

    Regional Manager

    (817) 932-6100

    License(s): OK: 181981

    Oklahoma

Financing By

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