About This Restaurant
Investment Highlights
Strong Guarantee ? Project Lonestar Inc., one of the largest operators in the Dairy Queen System, currently operates over 40 Dairy Queen restaurants. Income Tax Free State ? Texas is an income tax free state. Attractive Rent Increases ? This investment provides 10% rental increases at the beginning of each option period, enabling this asset to perform as a Absolute NNN ? No landlord responsibilities, providing a great investment for passive investors. Low Rent ? This locations performance is further bolstered by the low rent assigned to this lease, providing further security to this asset. Low Area Competition ? Positioned as one of the two nationally branded restaurant properties in the two in the town of Spearman
Executive Summary
Property Details
- Sale Type Investment or Owner User
- Property Type Retail
- Property Subtype Fast Food
- Building Size 2,580
- Year Built 2000
- Price 605,600
- Price Per SF 235
- Tenancy Single
- Building Height 1 Story
| Date Created: | 2024-07-16 04:23:39 | Last Updated: | 2024-07-16 04:23:39 |
| Address: | 704 -207 Hwy , Spearman, Texas, 79081 | ||