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1101 Louisville St
Starkville, MS 39759
Dairy Queen Grill & Chill: Starkville, MS · Retail Property For Sale
Investment Highlights
- Absolute NNN lease with ±11 years remaining and rental escalations during the term.
- Positioned on Louisville Street with direct visibility and multiple ingress/egress points.
- Located less than 3 miles from Mississippi State University with over 23,000 students.
- Surrounded by a dense mix of national retailers generating high consumer traffic.
Executive Summary
This single-tenant Dairy Queen Grill & Chill, located at 1101 Louisville Street in Starkville, Mississippi, presents an attractive investment opportunity with a remaining lease term of approximately 11 years under an absolute NNN structure. The property is leased to Fourteen Foods, LLC, the largest Dairy Queen franchisee in the U.S., operating more than 250 locations in 13 states. The lease includes a 10% rent increase in 2032, in addition to four five-year renewal options, providing predictable, long-term cash flow. Backed by a guaranty from The Fraunshuh Hospitality Group of KY/IN, LLC, this offering combines stability and credit strength with strong operational history.
The site features a strategic infill location in close proximity to Mississippi State University and its 23,000-plus student population, ensuring steady daytime and evening traffic. Prominent Louisville Street frontage (8,000 VPD), combined with easy access from Highway 12 (31,000 VPD), provides exceptional visibility and convenience. The surrounding retail corridor hosts national brands such as Kroger, ALDI, and Marshalls, reinforcing the area’s viability as a retail destination.
The site features a strategic infill location in close proximity to Mississippi State University and its 23,000-plus student population, ensuring steady daytime and evening traffic. Prominent Louisville Street frontage (8,000 VPD), combined with easy access from Highway 12 (31,000 VPD), provides exceptional visibility and convenience. The surrounding retail corridor hosts national brands such as Kroger, ALDI, and Marshalls, reinforcing the area’s viability as a retail destination.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,766 SF
Building Class
B
Year Built
2017
Price
$1,909,536 CAD
Price Per SF
$690.36 CAD
Cap Rate
7.25%
NOI
$138,433 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.06 AC
Opportunity Zone
Yes
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 026814 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $137,667 CAD |
Property Taxes
Parcel Number
026814
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$137,667 CAD
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