Dairy Queen

3120 West Kenosha Street, Broken Arrow, OK 74012

$2,546,656

Cap Rate 6.25%

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Updated: 10.02.25 Posted: 10.02.25 Status: Active 10.02.25

Summary

Price $2,546,656	Built/Renov 2005/2024	Tenant Dairy Queen
Cap Rate 6.25%	Lease Type Abs NNN	Guarantor Corp T and Rated
Size/SF 3,247	Lease Start	#Units 7,700
Price/SF $784.31	Expiration	Tenant Type Fast Food/QSR
NOI $159,166	R. Term 2027.2	Ownership Fee Simple
Rent/SF $49.02	Increases 10.0%/2/yrs	Pop 5Mi 0
Lot/AC 1.14	Options 4/5yrs/2%	AHHI 5Mi $0

Tim Speck

Marcus & Millichap

Contact

Highlights

Recently remodeled in 2024 after original 2005 construction
Absolute NNN lease with zero landlord responsibilities
25-year lease term with 22 years remaining
Lease guaranteed by franchisee DND Central, Inc. with 11 units
10% rent increase in 2027 then 2% annually
Four five-year renewal options included in lease
Located on Kenosha Street with 29,000 vehicles per day
Net operating income of $159,166 with 6.25% cap rate

Location Description

Dairy Queen is strategically located along W. Kenosha Street in Broken Arrow, Oklahoma, with access to a daily traffic count of approximately 29,000 vehicles. The site is surrounded by major national retailers including QuikTrip, Ted’s Café Escondido, and the Woodland Hills Mall trade area, driving consistent consumer traffic to the area. The property is located near several schools,...

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Key Features

Recent renovation
In location for years
Major thoroughfare
Near major nationals
Top 100 MSA
Business growth area
Brand new lease
Absolute NNN
Over 2000 units backed
Top franchise operator

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Links

Dairy Queen Wikipedia Dairy Queen Wikipedia Broken Arrow, OK Zip Code 74012 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

Listing Broker

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