Dairy Queen -- New 20-Year Sale-Leaseback
Dairy Queen -- Long-Term (20 Years) Absolute NNN Sale-Leaseback
Marketing description
Introducing an exceptional investment opportunity at DAIRY QUEEN GRILL & CHILL - 1231 NORTH US HWY 41, INVERNESS, FL 34450. This property offers a rare 20-year sale leaseback with an attractive average cap rate of 7.90%. With an Absolute NNN lease type and no landlord responsibilities, this 3,439 SF single-tenant building on 0.60 acres boasts appealing features like 2% annual rental increases and prime visibility on US Highway 41. As part of a franchisee recognized for operational excellence and with over 25 years of experience, Dairy Queen is a globally renowned brand with more than 7,000 locations worldwide. The tenant's accolades include various prestigious awards like the "Top That" Award and the Miracle Maker Award from the Children's Miracle Network. Secure your position with this long-standing, income-producing asset in a desirable location surrounded by major retailers, schools, and government offices. Don't miss out on this income tax-free state investment opportunity.
Investment highlights
•Absolute NNN Lease Type | Sale Leaseback at Closing
•3,439 SF Single-Tenant Retail Property
•Situated on 0.58 Acre
•Excellent Access & Visibility
•Direct Access Onto US Highway 41 | Main Arterial Road in the Area
•Top Multi-Unit Franchisee Operator | Recognized for Various Awards
•Nearby Major Retail / Government / Colleges / Schools: Publix, Winn-Dixie, Panera Bread, Pizza Hut, 7-Eleven, Planet Fitness, Sonny’s BBQ, Dunkin, Taco Bell, Wendy’s, CVS, HCA Florida Citrus Hospital, Withlacoochee Technical College, Citrus County Governmental Offices and Citrus High School and Related Athletic Fields
•Florida is an Income Tax Free State
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