Dairy Queen | 8803 MO-45
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Features & amenities
Location
Faris Lee Investments is pleased to present a rare opportunity to acquire fee simple interest (land and building) in a drive-thru, freestanding Dairy Queen in Parkville, Missouri, an affluent suburban community. This high-performing location exceeds the brand’s average unit volume and is secured by a long-term Absolute NNN lease with 10% rent increases every five years during the initial 20-year term, along with renewal options, providing investors with long-term income stability and security. The property sits on a 1.06-acre parcel fronting a grocery-anchored shopping center, enhancing its visibility and investment appeal.
The Dairy Queen enjoys frontage along Tom Watson Parkway (17,000+ VPD) and benefits from the traffic generated by the adjacent Price Chopper grocery store, which ranked #6 in the chain for most-visited locations with over 1 million visits in the past year (Placer.ai). Parkville is a highly desirable area located just nine miles from downtown Kansas City, served by the well-regarded Park Hill School District. Within a five-mile radius, over 98,000 residents report an average household income exceeding $116,000. The city’s population is projected to grow by 20% over the next decade. Additionally, the property will serve a new 340-unit townhome community currently under development immediately west of the site, further supporting future traffic and sales. This offering represents a rare opportunity to acquire a prime, passive QSR investment in a growing, affluent market.
- High-performing drive-thru Dairy Queen – affluent Kansas City suburb
- Dense trade area with new residential communities under development
- 20-year absolute NNN lease – no landlord responsibilities
- Large outparcel adjacent to top-visited grocery-anchored shopping center