131 N Keeneland Dr
Richmond, KY 40475

DQ Grill & Chill has a brand new Absolute NNN lease with 8% rental escalations every 5 years with three 5-year renewal options. The tenant, Frauenshuh Hospitality Group on KY/IN, LLC (a subsidiary of Fourteen Foods – largest Dairy Queen Franchisee in the U.S. with 216 in 13 states) has 78 locations backing the performance of the lease. The subject location has been open and operating for decades with an attractive 7.25% rent-to-sales ratio! DQ Grill & Chill is located in Richmond, Kentucky off the hard corner of North Keeneland Drive and Lexington Road with high drive-by visibility. The subject location is three miles from Eastern Kentucky University (enrollment of 16,881) and five milves from Baptist Health Richmod (105 beds). Nearby retailers to this asset include Lowe’s Home Improvement, Walmart Supercenter, Meijer, Kroger Marketplace, Hobby Lobby, Ashley HomeStore, T.J. Maxx, Belk, PetSmart, Dick’s Sporting Goods, Hibbett Sports, Dunham Sports, Office Depot, JCPenney, Pieratt’s, Big Lots, Tractor Supply Co., Goodwill, Habitat for Humanity ReStore, Ollie’s Bargain Outlet, Bargain Hunt, Dollar General, Dollar Tree, Ace Hardware, Rite Aid, Anytime Fitness, Cinemark, etc. *In Association with Kentucky Local Broker: Brian Brockman, Bang Realty #204982