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500 W. Broadway St, Denver City, TX 79323

$425,000
Commercial Property MLS# 3YD-RFGCB-3PW26Q ID: 40978689
$425,000 Get Rates

Dairy Queen
The Net Leased Investment Group for Coldwell Banker Commercial is pleased to offer for sale Dairy Queen in Denver City, Texas. Operated by Vasari, LLC, this Dairy Queen is part of Vasari's 70+ units in operation. Vasari is the 2nd largest DQ franchisee in the United States and the largest in Texas. There are 9 years remaining in the primary 20-year lease term. The lease is Absolute NNN with the tenant directly responsible for all operating expenses including property taxes, common area maintenance and property insurance. A significant feature of the lease are the 5% and the 10% rent increases throughout the primary lease term and lease options. This subject property is near retailers such as McDonald's, Dollar General, Pizza Hut and Sonic, and the local high school is situated in close proximity to Dairy Queen. This property has been renovated in 2003. This Dairy Queen has a large parking lot providing the ability to serve customers on a large scale. Denver City, Texas is located in the southwest corner of the Texas Panhandle, Denver City was founded in 1935 as the last west Texas town created solely on the discovery of oil. Although the oil industry plays a major role in our economy, Yoakum County and the surrounding region is also a major agricultural area. Denver City is a friendly community of approximately 4,500 people, with great schools, strong churches and outstanding medical facilities.

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Location Information near 500 W. Broadway St
Offered by Alex Eberhardt at Coldwell Banker Commercial Capital Advisors

Would you like more information regarding this property?
Please call (806) 793-0888.

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Property Features for 500 W. Broadway St
Status
Market Status
Available
Last Updated
August 17, 2017
Description
Property Type
Commercial Property
Sq. Feet
1,500

Listing Features

  • Property Type: Commercial; Retail
  • Alex Eberhardt
  • Coldwell Banker Commercial Capital Advisors

Data Provided by:
Coldwell Banker

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More information about this $425,000 Commercial Property at 500 W. Broadway St

This $425,000 Commercial Property at 500 W. Broadway St in Denver City, TX is presented by Alex Eberhardt. This $425,000 Commercial Property, located in the 79323 zip code, has the following property features: Property Type. This 500 W. Broadway St Commercial Property, located in Yoakum County , is listed under MLS listing number 3YD-RFGCB-3PW26Q and has a listing price of $425,000. You can find more DENVER CITY homes for sale here.