570 S Court St
Florence, AL 35630

Marcus & Millichap is pleased to present this Dairy Queen Grill & Chill restaurant located in Florence, Alabama. The property consists of a 0.79-acre parcel improved with a 2,926-square foot building which was developed in 2004. This franchisee operates seven other Dairy Queens in Alabama and Arkansas and has plans to continue expansion. The property will be subject to a 15-Year Absolute Net lease that will commence at close of escrow. The annual base rent that will be payed to the landlord will be $95,000 annually with 7.5% increases every five years. The property is strategically positioned in downtown Florence and is easily accessible to the over 27,600 vehicles that come across the property every day. The subject property is in the center of downtown Florence which makes it a convenient place to eat for the residents of Florence who work in the downtown area. It is also located less than 1 mile from the University of North Alabama which currently has over 7,200 students enrolled. This investment opportunity is part of a portfolio sale and is one of three Dairy Queen Grill & Chill restaurants that are available for purchase.