Dairy Queen

8530 North Oak Trafficway, Kansas City, MO 64155

$2,722,608

Cap Rate 5.75%

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DOM: 1 Updated: 09.15.25 Posted: 09.15.25 Status: Active 09.15.25

Summary

Price $2,722,608	Built/Renov 2018	Tenant Dairy Queen
Cap Rate 5.75%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 3,900	Lease Start	#Units 7,700
Price/SF $698.10	Expiration	Tenant Type Fast Food/QSR
NOI $156,550	R. Term 0.00	Ownership Fee Simple
Rent/SF $40.14	Increases 10.0%/6/yrs	Pop 5Mi 150,035
Lot/AC 2.22	Options 4/5yrs/10%	AHHI 5Mi $100,315

Highlights

Brand new 20-year Absolute NNN lease with zero landlord responsibilities.
Corporate guarantee by Dairy Queen, a Berkshire Hathaway subsidiary.
Built in 2018; modern freestanding drive-thru construction.
Hard-corner, signalized intersection with excellent visibility and access.
10% rent increases every five years, including options.
High-performing unit with sales above Dairy Queen brand average.
Large 2.22-acre parcel with 45 parking spaces.
Five-mile trade area: 150,035 residents, $100,315 average household income.

Location Description

Dairy Queen is strategically located along N. Oak Trafficway in Kansas City, Missouri, with access to a daily traffic count of approximately 34,979 vehicles along Highway 169 and 14,579 vehicles along N. Oak Trafficway. The site is surrounded by major national retailers including Price Chopper, At Home, Walgreens,etc, driving consistent consumer traffic to the area. The property is located...

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Key Features

Signalized intersection
Oversized lot
Major thoroughfare
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long 20+ yr lease
Absolute NNN
Over 2000 units backed
Corporate Guarantee

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Links

Dairy Queen Wikipedia Dairy Queen Wikipedia Kansas City, MO Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Dairy Queen
Guarantor:Corp T and Rated
Company:Berkshire Hathaway, Inc.
# Units:7,700
Tenant S&P: AA
Moody’s: Aa2
Stock: NYSE: BRK.A

About Tenant

Dairy Queen is an American chain of soft-serve ice cream and fast-food restaurants. Dairy Queen opened its first store in 1940 in Joliet, IL, and was considered a fixture of social life in small...

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Demographics

	1 Miles	3 Miles	5 Miles
2029 Total Population :	8,160	69,291	160,696
2024 Total Population :	7,835	67,094	154,862
2024 Employed Civilian Pop :	4,320	38,347	87,074
2024 Total Businesses :	354	1,338	3,640
2024 Average Household Income :	$ 83,740	$ 99,599	$ 104,041
2024 Total Consumer Spending :	$ 241 M	$ 2465 M	$ 5900 M
2024 Median Age :	38	38	37
2024 Total Households :	3,283	28,182	64,603
2024 Pop Age 25+: Bachelor's Degree :	1,009	12,609	28,544
2024 Average Home Value :	$ 294,216	$ 323,404	$ 328,136

*ESRI data is presented for informational purposes only

Listing Broker

Hunter Steffien

Faris Lee Investments

Contact

24 Listings
7731 Views
12 Sold

Tyler Strauss

Faris Lee Investments

Contact

19 Listings
5587 Views
9 Sold

Hunter Steffien

As a Director at Faris Lee Investments, Hunter Steffien specializes in the acquisition and disposition of net leased investments with a specific focus Single Tenant Assets. Mr. Steffien hit the ground running with Faris Lee Investments by quickly becoming a top performer in the company and earning an astounding reputation amongst his clients who consist of private-office owners, developers, REITS, franchisees & corporate restaurant chains. Mr. Steffien’s early and continued success is based

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Tyler Strauss

As an Associate at Faris Lee Investments, Mr. Strauss specializes in the acquisition and disposition of single-tenant net leased investments, national portfolios and sale/leasebacks nationwide. Furthermore, Tyler specializes in creative solutions including but not limited to lease structure, development advisory, break-ups, and pre-sale strategies. In addition, his clients benefit from his financial counsel and ability to produce customized marketing programs to maximize the best outcome. Mr. S

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