Property Details

Dairy Queen

Franklin, VA
Property ID: 3775

Financial Summary

Asking Price $2,337,500
Cap Rate 6.00%
Net Operating Income (NOI) $140,250
Lease Type NNN
Lease Term Remaining 11 Years
The Offering Memorandum for this property is no longer available.

Contact

Rick Fernandez
Senior Managing Director
703.787.4732

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Highlights

  • 10% rent increase ($14,025) in September 2017
  • Strong sales and regional operator
  • Located in retail core trade area with Walmart Supercenter, Lowe’s and Food Lion
  • Drive-thru restaurant
  • Grill & Chill full service DQ concept
  • Indoor seating: 82 spaces
  • Outdoor seating: 24 spaces
  • MADQ was the 2012 business of the year

Location

1418 Armory Dr
Franklin, VA

Traci BidingerDairy Queen