DQ Grill & Chill

Muscle Shoals, AL

Price $1,416,000
Cap Rate 5.50%
TYPE Single-Tenant
STATUS Available
Tenant DQ Grill & Chill
LEASE TYPE Absolute NNN
SQUARE FEET 2,612
PRICE/SQ FT $542
YEAR BUILT 2016
LEASE EXP. 10/31/238
LISTING AGENT Justin Zahn
480-214-5088 x102
justin@ciadvisor.com
John Rusevlyan, Weichert Realtors - Pro South
Alabama Local Broker #93268

Property Description

DQ Grill & Chill has a brand new 20-year Absolute NNN lease with 8% rental escalations every 5 years and three 5-year renewal option. The tenant, Frauenshuh Hospitality Group KY/IN, LLC (a subsidiary of Fourteen Foods – the largest Dairy Queen franchisee in the US) has 110 DQ locations, backing the performance of the lease. This asset has an attractive 7.25 rent-to-sales ratio – helping to ensure long-term profitability at this location!

DQ Grill & Chill is located in Muscle Shoals, AL across the street from Muscle Shoals Middle School (667 students) and Muscle Shoals High School (886 students). Nearby retailers include: Walmart Supercenter, Lowe’s Home Improvement, Publix Super Market, Foodland Grocery, ALDI, Dollar Tree, Dollar General, CATO Fashions, Hibbett Sports, Burkes Outlet, It’s Fashion, Tractor Supply Co., Rural King, Pet Depot, Farmers Home Furniture, AutoZone, Advance Auto Parts, Walgreens, CVS Pharmacy, etc. The subject location is less than 2 miles from Northwest-Shoals Community College (enrollment of 3,854) and less than 2 miles from Shoals Hospital (178 beds).

*In Association with Alabama Local Broker: John Rusevlyan, ProSouth Realty #93268

Property Highlights

  • Brand New 20-Year Absolute NNN Lease with 8% Rental Escalations every 5 Years
  • Attractive 7.25% Rent to Sales Ratio! Helping to Ensure Long-Term Profitability at This Location
  • Demographics: Total Population (5-MI): 45,468 | Average Household Income (1-MI): $57,802
  • Frauenshuh Hospitality Group KY/IN, LLC (A Subsidiary of Fourteen Foods – Largest Dairy Queen Franchisee in the U.S. with 216 in 13 states) has 110 DQ Locations Backing the Performance of the Lease
  • Across the Street from Muscle Shoals Middle School (667 Students) & Muscle Shoals High School (886 Students)