- The offering features a strong food and beverage-based tenant line up of Dairy Queen and T.H.I.N.K Coffee
- Dairy Queen will sign a brand new 15-year lease at the close of escrow, demonstrating their commitment to the site
- Dairy Queen features 2% annual rental increases while T.H.I.N.K Coffee features 1% annual rental increases, growing NOI and hedging against inflation
- Both tenants operate under leases which are NNN in nature, limiting expense leakage for a future investor
- With over 6,800 global locations, Dairy Queen is among the largest quick service restaurants
Investment Offering
Greenbrier, AR - Dairy Queen
43 S. Broadview Street | Greenbrier, AR 72058
$3,851,000
Price5%
Cap Rate$192,572
NOI4,237
± SF Offering GLADescription
Location
- The site is strategically located along S. Broadview Street with clear visibility and access to an average of 26,000 vehicles passing by daily
- S. Broadview Street / U.S. State Highway 65 is a major commuter thoroughfare and links direct with Interstate 40, making this an ideal, centralized location with easy commutes for both employees and customers
- The surrounding tenants include Walmart Neighborhood Market, O’Reilly Auto Parts, Anytime Fitness, Dollar Tree, and others
- The freestanding building is complete with a drive-thru to maximize both sales and convenience to the customer base immediately surrounding the site
Documents & Links
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Contact
Matthew Mousavi
Sr Managing Principal & Co-Head of National Net Lease
949.698.1116949.698.1116[email protected]CA #: 01732226
Patrick Luther, CCIM
Sr Managing Principal & Co-Head of National Net Lease
949.698.1115949.698.1115[email protected]CA #: 01912215