Dairy Queen - Long Term Absolute NNN Lease Listing Details & Market Data

The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase an absolute NNN leased Dairy Queen in Monmouth, OR. Dairy Queen Corporation is a subsidiary of Warren Buffett’s Berkshire Hathaway, Inc (NYSE: BRK.A) and has an investment grade credit rating from S&P of “AA” (Moody’s: Aa2). With over 16 lease years remaining in the primary term, two 10-year option periods, 10% rental increases every 5 years and zero landlord responsibilities, this is an ideal asset for an investor seeking years of worry-free income. The 2,302 SF building with drive-thru on a 0.44-acre parcel is located on the hard corner of Pacific Avenue South and Madrona Street East which has a combined traffic count exceeding 12,600 VPD. Nearby retailers include Walgreens, Tractor Supply Co., Grocery Outlet, Roth’s Fresh Market, 7-Eleven, Circle K, McDonald’s, Dutch Bros Coffee, KFC and Taco Bell. Additionally, the subject property is within a mile from Western Oregon University which has an enrollment of nearly 4,000 students.