Dairy Queen - Net Lease Property for Sale
Elsa, TX
Key Investment Metrics
Price
$1,135,000
Cap Rate
5.5%
Net Operating Income
$62,436
Building Size
2280 SF
Lot Size
2,280 SF
Land Area
0.55 Acres
Remaining Term
15.6 years
Lease Expiration
02/28/2042
Lease Term
20 years
Lease Commencement
02/18/2022
Lease Type
Absolute NNN
Tenant Credit
Franchisee
Year Built
1985
Occupancy
100%
Tenancy
Single
Rent Increases
1% annual rental increases throughout the initial term and options thereafter
About This Dairy Queen Net Lease Property
This Dairy Queen NNN (triple net lease) property is located in Elsa, TX and represents an excellent investment opportunity for commercial real estate investors. The property features 2280 square feet of building space and was built in 1985.
With a cap rate of 5.5%, this Dairy Queen net lease property offers stable income potential. The asking price is $1,135,000, 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.
Elsa, TX Market Overview
Located in Elsa, TX, this Dairy Queen property benefits from strong local demographics and market fundamentals. The Elsa area offers excellent visibility and accessibility, making it an ideal location for Dairy Queen operations and a solid investment for net lease property buyers.