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7251 E Texas St
Bossier City, LA 71111

DQ Grill & Chill: 20 Yr Abs NNN Lse! · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,283 SF
Building Class
C
Year Built
2016
Building Height
1 Story
Building FAR
0.08
Lot Size
0.94 AC

About 7251 E Texas St , Bossier City, LA 71111

DQ Grill & Chill has a brand new 20-year Absolute NNN lease with 8% rental escalations every 5 years and three 5-year renewal options. The tenant, Frauenshuh Hospitality Group KY/IN, LLC (a subsidiary of Fourteen Foods – largest Dairy Queen Franchisee in the U.S. with 216 in 13 states) has 110 DQ locations backing the performance of the lease. This asset has an attractive 7.25% rent to sales ratio that is well above the DQ national average, helping to ensure the profitability of this location. DQ Grill & Chill is located in Bossier City, Louisiana just west of Interstate 220 with excellent drive-by visibility. The subject location is 7 miles from the University of Louisiana Monroe (enrollment of 9,038) and 2 miles from Glenwood Regional Medical Center (278 beds). Nearby retailers include Walmart Supercenter, Academy Sports + Outdoors, Hobby Lobby, Office Depot, Big Lots, Sally Beauty, Harbor Freight Tools, Dollar General, Tractor Supply Co., Sears Hometown Store, Walgreens, CVS Pharmacy, Chick-Fil-A, etc. *In Association with Louisiana Local Broker: Mark P. Sealy,  Sealy Real Estate Services, LLC #10867

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
179771
Land Assessment
$56,954
Improvements Assessment
$110,159
Total Assessment
$167,113
  • Listing ID: 13755921

  • Date on Market: 9/11/2018

  • Last Updated:

  • Address: 7251 E Texas St, Bossier City, LA 71111

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