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Restaurant

Dairy Queen

506 I-30, Royse City, TX 75189

Listing Price: $3,000,000

Cap Rate
5.00%
Tenant Name
Dairy Queen
Years Remaining On Lease
15.0
Gross SF
2,629
Guarantor
Franchisee Guarantee
Rentable SF
2,629
Price/Gross SF
$1,141.12
Lease Type
Absolute Net
Rent Per Square Feet
$57.06

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net leased Dairy Queen in Royse City, Texas. The property consists of a 2,629-square foot, freestanding building situated on approximately 0.97 acres of land. The tenant will sign a new 15-year, absolute net lease, at the close of escrow. The lease will include 10 percent rental escalations every five years throughout the primary term, as well as the option periods. The property has excellent visibility on Interstate 30, where traffic counts exceed 65,030 vehicles per day. The property is located on a hard corner with frontage to a Walmart Supercenter. Surrounding retailers in the immediate area include Whataburger, Panda Express, CVS, Burger King, Taco Bell, AutoZone, Pizza Hut, and many more. The local franchisee has been operating out of Dallas for more than 10 years. The company owns and operates six Dairy Queens around Dallas-Fort Worth. Since opening its first store, the company has received various awards and recognition for sales achievements, and a dedication to exceptional customer service.

Investment Highlights

  • New 15-Year Absolute Net Lease to be Signed at Close of Escrow
  • Attractive 10% Rental Escalations Every Five Years Throughout the Primary Term and Option Periods
  • Hard Corner Freeway Location and Pad Site to Walmart Supercenter
  • Excellent Visibility and Access on Interstate 30, Where Traffic Counts Exceed 70,669 Vehicles per Day

Exclusively Listed By

Financing By

Listing Price: $3,000,000

Cap Rate
5.00%
Tenant Name
Dairy Queen
Years Remaining On Lease
15.0
Gross SF
2,629
Guarantor
Franchisee Guarantee
Rentable SF
2,629
Price/Gross SF
$1,141.12
Lease Type
Absolute Net
Rent Per Square Feet
$57.06

Investment Highlights

  • New 15-Year Absolute Net Lease to be Signed at Close of Escrow
  • Attractive 10% Rental Escalations Every Five Years Throughout the Primary Term and Option Periods
  • Hard Corner Freeway Location and Pad Site to Walmart Supercenter
  • Excellent Visibility and Access on Interstate 30, Where Traffic Counts Exceed 70,669 Vehicles per Day

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire an absolute net leased Dairy Queen in Royse City, Texas. The property consists of a 2,629-square foot, freestanding building situated on approximately 0.97 acres of land. The tenant will sign a new 15-year, absolute net lease, at the close of escrow. The lease will include 10 percent rental escalations every five years throughout the primary term, as well as the option periods. The property has excellent visibility on Interstate 30, where traffic counts exceed 65,030 vehicles per day. The property is located on a hard corner with frontage to a Walmart Supercenter. Surrounding retailers in the immediate area include Whataburger, Panda Express, CVS, Burger King, Taco Bell, AutoZone, Pizza Hut, and many more. The local franchisee has been operating out of Dallas for more than 10 years. The company owns and operates six Dairy Queens around Dallas-Fort Worth. Since opening its first store, the company has received various awards and recognition for sales achievements, and a dedication to exceptional customer service.

Exclusively Listed By

Financing By

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