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715 E King Ave 1,600 SF Retail Building Kingsville, TX 78363 $1,883,036 CAD ($1,176.90 CAD/SF) 5.85% Cap Rate

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EXECUTIVE SUMMARY

Prime Dairy Queen Investment Opportunity – Kingsville, TX
• High-Traffic Location in Kingsville, TX – Positioned on E. King Ave., this Dairy Queen enjoys excellent visibility in a well-traveled commercial corridor. The site benefits from strong local customer traffic and serves as a key stop for visitors and travelers in South Texas.
• Portfolio Flexibility – One, Two, or All Three Properties Available – This Kingsville location is one of three Dairy Queen properties available for purchase. Investors can acquire a single property, a combination of two, or all three as a portfolio deal.
• Long-Term Stability – The property will be backed by a new 20-year absolute NNN lease upon sale, ensuring zero landlord responsibilities and stable, long-term income.
• Attractive 5.85% Cap Rate – Offers an appealing return for investors seeking reliable cash flow with a nationally recognized brand.
• Franchisee-Guaranteed Lease – The lease will be fully guaranteed by a well-established Dairy Queen franchisee with over 30 years of industry experience. The operator has a long history of successful restaurant management, ensuring strong financial backing and operational stability.
• Strong Market Growth & Consumer Demand – Kingsville is home to Texas A&M University-Kingsville and Naval Air Station Kingsville, driving a steady population base and strong local economy. The site is surrounded by major retailers, schools, and residential neighborhoods, contributing to consistent foot traffic.
• Essential Business with a National Brand – Dairy Queen remains a staple in American quick-service dining, with over 6,800 locations worldwide. Its strong brand recognition and loyal customer base make it a resilient investment.
• Zero Landlord Responsibilities – The absolute NNN lease structure ensures that the tenant covers all property expenses, including taxes, insurance, and maintenance.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,600 SF
Building Class
C
Year Built
1973
Price
$1,883,036 CAD
Price Per SF
$1,176.90 CAD
Cap Rate
5.85%
NOI
$110,158 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.36 AC
Frontage
113’ on King Ave
Walk Score®
Very Walkable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

H-E-B
CrossFit
Buddy's Home Furnishings
Snap Fitness 24/7

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24642
Land Assessment
$99,438 CAD
Improvements Assessment
$201,877 CAD
Total Assessment
$301,315 CAD
  • Listing ID: 34923229

  • Date on Market: 2025-02-24

  • Last Updated:

  • Address: 715 E King Ave, Kingsville, TX 78363

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