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Dairy Queen | Fort Wayne MSA 960 N Main St 2,057 SF Retail Building Bluffton, IN 46714 $1,596,846 CAD ($776.30 CAD/SF) 5.85% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long-Term NNN Lease With Passive Income
  • Prime Retail Corridor Location on North Main Street
  • Strong Regional Demographics Within the Fort Wayne MSA
  • Established Dairy Queen With Proven Sales History
  • Surrounded by Major National Co-Tenants

EXECUTIVE SUMMARY

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding Dairy Queen located at 960 N Main Street in Bluffton, Indiana. The ±2,057-square-foot building is leased to an established multi-unit Dairy Queen operator under a long-term NNN lease structure with no landlord responsibilities. The tenant has demonstrated strong historical performance at this location for over a decade, highlighting its longevity and local brand recognition.
Strategically positioned along N Main Street, Bluffton’s primary commercial corridor, the property benefits from excellent visibility and proximity to major retailers including Walmart Supercenter, Lowe’s, Anytime Fitness, O’Reilly Auto Parts, and several regional grocers. This corridor serves as the city’s dominant retail destination, drawing consistent traffic from surrounding residential neighborhoods, schools, and employers.
Bluffton is part of the Fort Wayne MSA, a region experiencing steady population and economic growth fueled by manufacturing, logistics, and healthcare. With its passive lease structure, established operational history, and strong real estate fundamentals, this Dairy Queen offers investors a stable income stream backed by a recession-resistant quick-service brand.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,057 SF
Building Class
C
Year Built
1968
Price
$1,596,846 CAD
Price Per SF
$776.30 CAD
Cap Rate
5.85%
NOI
$93,416 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.79 AC
Parking
16 Spaces (7.78 Spaces per 1,000 SF Leased)
Frontage
125’ on N Main

AMENITIES

  • Drive Thru

NEARBY MAJOR RETAILERS

Anytime Fitness
Scooter's Coffee
Ymca
First Merchants Bank
Wings Etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
90-05-33-100-024.000-011
Land Assessment
$542,175 CAD
Improvements Assessment
$261,595 CAD
Total Assessment
$803,771 CAD
  • Listing ID: 38658116

  • Date on Market: 2025-12-04

  • Last Updated:

  • Address: 960 N Main St, Bluffton, IN 46714

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