Listed by SRS Real Estate Partners Newport Beach
$1,959,000
Dairy Queen
Details
APN 34034-005-072
Property Type Retail
Sub Type Restaurant
Square Footage 2,897
Cap Rate 5.5%
NOI $107,747
Tenancy Single
Brand/Tenant Dairy Queen
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/09/2032
Remaining Term 5.7
Rent Bumps Yes
Lease Options 3 (5-Year)
Year Built 2007
Year Renovated 2017
Buildings 1
Acreage 1.020
Zoning General Commercial
Parking Spaces 44 spaces
Parking per 1,000 SqFt 15.19
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 04/10/2017
Ground Lease No
Ownership Fee Simple
Retail | 5.50% CAP | 2,897 SqFt
Investment highlights
- 5.5+ Years Remaining | Scheduled Rental Increases | Established Brand | Options to Extend
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Signalized, Hard Corner Intersection | Dense Retail Corridor | Strong Tenant Presence | Roughly 1-mile from Panama City Beach
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
Listing Contacts
Listed by SRS Real Estate Partners Newport Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$107,747.00
$8,978.92/mo
Valuation Metrics
0
DSCR
5.5%
Cap Rate
5.5%
ROI
Map
Zoning
CH CommercialSpecial CommercialCommercial High Intensity
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View all 95 uses Last updated Jan 28, 2026 For deeper zoning details, reports are available at Zoneomics
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