Dairy Queen - Net Lease Property for Sale
Oklahoma City, OK
Key Investment Metrics
Price
$2,323,200
Cap Rate
6.3%
Net Operating Income
$145,200
Building Size
3839 SF
Lot Size
3,839 SF
Land Area
0.96 Acres
Remaining Term
11.8 years
Lease Expiration
10/31/2037
Lease Term
20.1 years
Lease Commencement
10/06/2017
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee, Credit Rated
Year Built
2015
Occupancy
100%
Tenancy
Single
Rent Increases
10% Every 5 Years
About This Dairy Queen Net Lease Property
This Dairy Queen NNN (triple net lease) property is located in Oklahoma City, OK and represents an excellent investment opportunity for commercial real estate investors. The property features 3839 square feet of building space and was built in 2015.
With a cap rate of 6.3%, this Dairy Queen net lease property offers stable income potential. The asking price is $2,323,200, 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.
Oklahoma City, OK Market Overview
Located in Oklahoma City, OK, this Dairy Queen property benefits from strong local demographics and market fundamentals. The Oklahoma City area offers excellent visibility and accessibility, making it an ideal location for Dairy Queen operations and a solid investment for net lease property buyers.