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92661 Overseas Hwy
DAIRY QUEEN GRILL & CHILL
Listing Contacts
License: FL FL 263500131
License: SL3420625
Active
Asking Price: $2,199,000
Address
92661 Overseas Hwy, Tavernier, FL 33070
Show on MapDate Added
Nov 19, 2024
Days on Market
122 days
Time Since Last Update
38 days
Details
Property TypeMixed Use, Retail, Special Purpose
SubtypeQSR/Fast Food, Restaurant
ClassA
Brand/TenantDairy Queen
Square Footage1,796
Cap Rate10.00%
Occupancy100%
Buildings1
Stories1
ZoningSC - Sub Urban Commercial District
Lot Size (sq ft)18,620
Marketing Description
Profitable franchise business and real estate in Key Largo! Free Standing Building with extremely rare Drive Through! Current Net Income generates approx. 10% return at asking price with minimal Owner involvement. GM in place and most employees willing to stay on for new ownership. Includes all Furniture, Fixtures & Equipment. Grill & Chill includes full lunch and dinner options. Located in the median with good visibility. Also located at the entry/exit of the new Tavernier Publix with 80 plus new housing units coming soon. There is easy access to both N & S. Bound traffic. Limited Competition for soft serve, delicious DQ Ice Cream in the area. Large Lot with ample parking. Approx. 11 years left on the DQ Franchise. However, franchise is optional but must be bought out. Property could be converted to another restaurant or retail type for price of $2.4 Million.
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ROI
Property History
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Due Diligence
Listing Contacts
- License: FL FL 263500131
- License: SL3420625
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Broker Information
Broker Information
Broker Name
Curtis A. Skomp, CCIM
Broker License
FL FL 263500131
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