Dairy Queen - Net Lease Property for Sale
Broken Arrow, OK
Key Investment Metrics
Price
$2,400,000
Cap Rate
6.6%
Net Operating Income
$159,166
Building Size
3247 SF
Lot Size
3,247 SF
Remaining Term
21.1 years
Lease Expiration
08/03/2047
Lease Term
25.1 years
Lease Commencement
07/12/2022
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
2005
Tenancy
Single
Rent Increases
10% in 2027 and 2% Annually Thereafter
About This Dairy Queen Net Lease Property
This Dairy Queen NNN (triple net lease) property is located in Broken Arrow, OK and represents an excellent investment opportunity for commercial real estate investors. The property features 3247 square feet of building space and was built in 2005.
With a cap rate of 6.6%, this Dairy Queen net lease property offers stable income potential. The asking price is $2,400,000, making it an attractive option for 1031 exchange investors seeking quality Dairy Queen commercial properties.
Why Invest in Dairy Queen NNN Properties?
- Stable Income: Dairy Queen net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Dairy Queen is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Broken Arrow, OK Market Overview
Located in Broken Arrow, OK, this Dairy Queen property benefits from strong local demographics and market fundamentals. The Broken Arrow area offers excellent visibility and accessibility, making it an ideal location for Dairy Queen operations and a solid investment for net lease property buyers.