DAIRY QUEEN | $1,999,764 | 5.50% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Dairy Queen a single-tenant property located at 401 West 1st Avenue, Toppenish, WA 98948. Dairy Queen has fantastic operating history at this location for over 45 years. The current lease has 18.5 years remaining with 7.5% increases every five years including the four, 5 year options to extend.
International Dairy Queen Inc., (IDQ), based in Minneapolis, Minnesota, is the parent company of American Dairy Queen Corporation. Through its subsidiaries, IDQ develops, licenses and services a system of 7,000 locations in the United States, Canada and 20 other countries. IDQ is a subsidiary of Berkshire Hathaway Inc. (Berkshire) which is led by Warren Buffet, the legendary investor and CEO of Berkshire.