Dairy Queen West Palm Beach,Florida

$785,000
Property type:Single-Tenant Net Lease

The space

  • Price: $785,000
  • Rentable Square Feet: 1,890
  • Annual Rent: $42,000
  • Price PSF: $415.35
  • Land Area: 0.57 AC
  • Year Built: 1968
  • Lease Guarantor: Franchise
  • Lease Type: NNN
  • Lease Term: 15 Years
  • Lease Expiration: 12/31/2034 est

Description

7900 S. Dixie Highway
West Palm Beach, FL 33405

Investment Highlights

  • Brand New, 15-Year, Triple Net Lease
  • Directly Across the Street from Shoppes at Palm Coast Plaza
  • Off Dixie Highway with a Daily Traffic Count of More than 24,000 Vehicles
  • Four Miles from Downtown West Palm Beach and Palm Beach International Airport
  • Surrounding National Retailers Include Winn Dixie, Bealls, Dollar Tree, Planet Fitness, Advance Auto Parts, Bank of America, Chase Bank, CVS, Cricket Wireless, McDonald’s, Dunkin Donuts and Many More

 

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Dairy Queen located in West Palm Beach, FL. Dairy Queen offers a brand new, 15-year, triple net (NNN) lease with rental increases throughout the base term. The lease is a franchise guarantee.

The subject property is located directly across the street from Shoppes at Palm Coast Plaza with tenants including Bealls, Winn Dixie, Dollar Tree, Planet Fitness and many more. Additional surrounding national retailers in the area include Advance Auto Parts, Bank of America, Chase Bank, CVS, Cricket Wireless, McDonald’s, Dunkin Donuts and many more.

Located off Dixie Highway with a daily traffic count of more than 24,000 vehicles, Dairy Queen is one mile from West Palm Beach Golf Course and less than two miles from Palm Beach Zoo. The subject property is also four miles from Trump International Golf Course and Palm Beach International Airport.

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