Property Details

Dairy Queen

Tallahassee, FL
Property ID: 4012

Financial Summary

Asking Price $1,855,250
Cap Rate 6.00%
Net Operating Income (NOI) $111,315
Lease Type NNN
Lease Term Remaining 15 Years
Increases 2% Annually
The Offering Memorandum for this property is no longer available.

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Highlights

  • 15-year absolute NNN lease
  • Rare 2% annual rent increases
  • Full service Grill & Chill with drive-thru
  • Located directly off interstate exit
  • Franchisee and personal guaranty
  • Award winning Dairy Queen operator
  • 5 miles to Florida State University
  • Florida has no state income tax

Location

1725 Capital Cir NW
Tallahassee, FL

Traci BidingerDairy Queen