DAIRY QUEEN  |  $3,350,000  |  4.85% CAP

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The Deltondo Group and Marcus & Millichap are pleased to present for sale Dairy Queen a single-tenant property located at 20405 Empire Avenue, Bend, OR 97703.


The subject property is comprised of 2,636 square feet, built-in 2013. The building sits on a large 36,155 square foot lot situated at the corner of Empire Avenue and Dalles-California Highway for a combined 31,027 vehicles per day. Dairy Queen operates on a new absolute-net lease with 20 years remaining, the lease calls for 10% increases every 5-years including the four, 5-year options to extend.

 

Dairy Queen, often abbreviated DQ, is a chain of soft serve ice cream and fast-food restaurants owned by International Dairy Queen, Inc., A Subsidiary of Berkshire Hathaway. International Dairy Queen, Inc., Also owns Orange Julius and Karmelkorn. DQ operators have been providing consumers with treats and food since 1940 and is headquartered in Edina, Minnesota.

 

DQ Grill & Chill locations feature hot food, treats, table delivery and self-serve soft drinks. In most cases, they offer an expanded menu including breakfast, GrillBurgers, and grilled sandwiches, as well as limited table service (customers still place orders at the counter). They also contain self-serve soft drink fountains allowing free refills.

 

The franchisee at this location currently operates 30 Dairy Queen units & 5 Taco John’s Units in Colorado, Washington, Oklahoma and Oregon. They have over 35 years of operating experience with multiple concepts. Founded in 1995 they are headquartered in Laguna Hills, California.

PRESENTED BY:

PETER DELTONDO
Founder, Deltondo Advisory Group
(949) 698-2609
pdeltondo@marcusmillichap.com

BROKER OF RECORD
Joel Deis
License: #25469