321 15th St W · Dickinson, ND 58601 · QSR / Restaurant
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AiCRE Partners, as exclusive investment sales advisor to the Seller, is pleased to present the opportunity to acquire the fee simple interest in this high-performing Burger King restaurant located in Dickinson, North Dakota. The property is leased to Dakota Restaurant Partners, Inc., one of the nation's largest Burger King franchisees with more than 130 locations, providing investors with the strength and stability of an experienced multi-unit operator. The restaurant has consistently delivered exceptional operating performance, generating approximately $2.1 million in gross sales during 2025, significantly above Burger King's Average Unit Volume (AUV). Unlike a typical net lease investment, the lease includes 8.5% percentage rent, providing investors with the opportunity to participate in the tenant's continued sales success while maintaining dependable base rental income.
Strategically positioned along Interstate 94, the property benefits from outstanding visibility and a regional customer base extending throughout Western North Dakota and the Bakken oil region. The franchisee has indicated interest in a potential corporate-image remodel which, per the existing lease and franchise agreement, could trigger a new 20-year lease term - presenting investors with a compelling combination of in-place cash flow, percentage rent upside, and meaningful long-term value enhancement backed by one of the world's most recognized quick-service restaurant brands.
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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.