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Virtual Drive-By

Dairy Queen Absolute NNN

407 Martin Luther King Junior Drive · Fort Valley, GA 31030 · QSR / Restaurant

Asking price
$1,350,000
Cap rate
7.41%
NOI
$100,000

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We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining20.0 yrs
Expiration05/2046
Rent bumps10 percent every 5 years
OptionsNone
Ground leaseNo
Credit profile
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF2,378
Price / SF$498
Year built2017
Lot size1.24 ac
TypeQSR/Fast Food
Days on market65

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

20 year Dairy Queen NNN lease, in the Atlanta MSA at auction August 3-5th on RI marketplace. The property was constructed in 2017, with new roof and HVAC in 2023. Tenant is a ten unit multi-state operator with both personal and corporate guarantee, and an absolute NNN lease with no Landlord responsibilities Renovated in 2023 including a new roof, HVAC, and parking lot updates as well as DQ's latest prototype. This DQ benefits from a strong middle income demographic with average income over $54K.

AUCTION RI MARKETPLACE AUGUST 3-5TH

PRE-AUCTION OFFERS CONSIDERED

Property overview

  • ​AUCTION AUGUST 3-5th
  • ​20 Year Dairy Queen Lease--Absolute NNN lease with construction in 2017
  • ​1.24 acre parcel on hard corner 1.5 hours away from Atlanta
  • ​$54K household income with growing population
  • ​Personal and corporate guarantee I 10 unit multi state operator
  • ​Proximity to Fort Valley State University – Nearby university presence supports consistent daytime population and consumer demand

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 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.