DAIRY QUEEN | $1,382,476 | 6.51% CAP
The Deltondo Group of Marcus & Millichap is pleased to present for sale Dairy Queen a single-tenant property located at 490 Central Avenue, Carlisle, OH 45005. Dairy Queen has fantastic operating history at this location for over 17 years with a 7.18% rent-to-sales ratio. The current lease has 17 years remaining with 2% increases annually including the two, 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.