Net Lease Dairy Queen Property Profile and Cap Rates

Net Lease Dairy Queen – Typical Property and Lease Terms

 

Price Range:	$1 mm - 3 mm
Cap Rate:	6.35%
Net Income:	$100,000
Price Per foot:	$400 PSF
Building Size:	2,800 SF
Lot Size:	.75 Acre
Escalations:	10% every 5 years
Lease Term:	20 Years
Lease Type:	NNN
Credit Rating:	Franchisee

 

Tenant Company Information:

Dairy Queen (DQ) is an American multinational chain of soft serve ice cream and fast-food restaurants owned by International Dairy Queen, Inc., a subsidiary of Berkshire Hathaway. International Dairy Queen, Inc., also owns Orange Julius, and formerly owned Karmelkorn[4] and Golden Skillet Fried Chicken.

The first DQ restaurant was located in Joliet, Illinois. It was operated by Sherb Noble and opened for business on June 22, 1940.[5] It served a variety of frozen products, such as soft serve ice cream.[6]

The company’s corporate offices are located in the Minneapolis suburb of Edina, Minnesota

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