Dairy Queen | 20-Year ABS NNN Lease | Top Per 1840 Lee Ave SW 3 925 pi² Commerce de détail Immeuble Cullman, AL 35055 4 188 531 $ CAD (1 067,14 $ CAD/pi²) 5,75% Taux de capitalisation

Faris Lee Investments is pleased to present the rare opportunity to acquire the fee simple interest in a Dairy Queen secured by a new 20-year absolute NNN lease with zero landlord responsibilities and 10% rental increases every five years. Ranked among the top 11% of Dairy Queen locations nationwide (Placer.ai), the property is positioned within Cullman’s premier regional retail corridor, anchored by a top-performing Walmart (3.0M annual visitors; Top 11% nationwide), Lowe’s (934K annual visitors; Top 7% nationwide), and Townsquare Shopping Center (1.6M annual visitors), drawing consumers from a 20-mile regional trade area.
The investment includes a 3,466-square-foot drive-thru restaurant situated on a large 1.42-acre parcel with excellent visibility and access from Interstate 65, connecting Birmingham and Huntsville. Cullman County has grown 7% since 2020 and 18.4% since 2010—approximately 2.7 times faster than the U.S. average—and is supported by a diversified economy anchored by more than 150 manufacturers, over 7,000 manufacturing jobs, and Walmart’s recently announced $350 million expansion of its 1.3-million-square-foot distribution center.
The offering is an ideal opportunity to acquire a trophy corporate net lease investment in one of the Southeast’s strongest growth markets.