Dairy Queen - Long Term Absolute NNN Lease

For Sale

320 Pacific Ave S, Monmouth, OR 97361

This Monmouth property for sale is located at 320 Pacific Ave S. The current listed sale price for Dairy Queen - Long Term Absolute NNN Lease is $2,325,000. Dairy Queen - Long Term Absolute NNN Lease is situated on a lot that is 0.44 square feet in size.

Contacts

broker

Eric Carlton

broker

Jereme Snyder

broker

David Kotansky

Property Details

  • Property Type Retail
  • Property Size 2,302 SF
  • Lot Size 0.44 SF
  • Date Updated Apr 26, 2024

The Snyder Carlton National Net Lease Team is pleased to present an opportunity to purchase an absolute NNN leased Dairy Queen in Monmouth, OR. Dairy Queen Corporation is a subsidiary of Warren Buffett’s Berkshire Hathaway, Inc (NYSE: BRK.A) and has an investment grade credit rating from S&P of “AA” (Moody’s: Aa2). With over 16 lease years remaining in the primary term, two 10-year option periods, 10% rental increases every 5 years and zero landlord responsibilities, this is an ideal asset for an investor seeking years of worry-free income. The 2,302 SF building with drive-thru on a 0.44-acre parcel is located on the hard corner of Pacific Avenue South and Madrona Street East which has a combined traffic count exceeding 12,600 VPD. Nearby retailers include Walgreens, Tractor Supply Co., Grocery Outlet, Roth’s Fresh Market, 7-Eleven, Circle K, McDonald’s, Dutch Bros Coffee, KFC and Taco Bell. Additionally, the subject property is within a mile from Western Oregon University which has an enrollment of nearly 4,000 students.

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Attachments

Getting around

  • 63/100

    Walk Score ®

  • 60/100

    Bike Score ®

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Location

  • City Monmouth, OR
  • Neighborhood Monmouth
  • Zip Code 97361
  • Market Eugene

Points of Interest

  • Shell

    0.15 miles

  • Chevron

    1.19 miles

  • Astro

    1.49 miles

  • Blink

    5.54 miles

  • Safeway Fuel Station

    7.06 miles

  • Chevron

    7.44 miles

  • AG West Supply Gas Station

    7.61 miles

  • Rickreall Park & Ride

    5.46 miles

  • Office Parking

    7.23 miles

  • Sidney Road North Parking

    7.51 miles

  • Visitor Kiosk and Restroom Parking

    7.59 miles

  • Sidney Road South Parking

    7.71 miles

  • Mohoff Parking

    7.76 miles

  • Coville Road West Parking

    7.96 miles

  • Eagle Marsh Parking

    8.01 miles

  • Coville Road East Parking

    8.03 miles

  • Teverner's Marsh Parking

    8.05 miles

  • Dairy Queen

    0.00 miles

  • Burgerville

    0.15 miles

  • Yang's Teriyaki

    0.44 miles

  • Wolf Grill

    0.62 miles

  • McDonald's

    1.22 miles

  • Pressed

    6.74 miles

  • Domino's

    6.74 miles

  • Dairy Queen

    6.82 miles

  • McDonald's

    6.96 miles

  • Subway

    6.98 miles

  • Western Oregon University Book Store

    0.58 miles

  • Roth's Fresh Markets

    0.63 miles

  • WinCo Foods

    0.78 miles

  • Walmart

    7.00 miles

  • Safeway

    7.12 miles

  • Grocery Outlet

    7.20 miles

  • Roth's

    8.90 miles

  • WinCo Foods

    9.96 miles

In-Depth Research Available for this Property

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