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Dairy Queen | 8803 MO-45

8803 MO-45, Parkville, MO 64152
Available Now
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FOR SALERetail / Fast Food
Cap Rate
5.75%
NOI
$138,000
Building Size
2,332SF
Lot Size
1.06AC
Year Built
2022
Zoning
Commercial
Listing Contacts

More property details

APN
20-70-26-100-002-003-000
Tenancy
Single Tenant
Currently Leased
No
Investment
Net Lease
Sale Type
Investment Sale
Building FAR
0.05
Property Class
B
No of Buildings
1
No of Stories
1
Units
1
Parking Info
33 Spaces (14.15 Spaces per 1,000 SF Leased)

Features & amenities

Unit Amenities
Kitchen
Air Conditioning
Natural Light
Onsite Parking
Location Amenities
Public Transportation
Commuter Rail
Restaurants
Coffee shops
Airport
Metro/Subway

Location

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Dairy Queen | 8803 MO-45
About the 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.

Location highlights
  • 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
Dairy Queen | 8803 MO-45
2,332 SF · retail · United States · MO