This 2018-built DQ Grill & Chill is offered at a 6.9% cap rate with a true absolute NNN lease — zero landlord responsibilities and more than 13 years remaining on the initial 20-year term. The lease is personally guaranteed by LBS Group, Inc., an experienced Dairy Queen operator with over 50 years in the system and multiple units across the metro Atlanta area. The 3,345 SF freestanding building sits on a 1.0-acre parcel with a dedicated drive-thru, walk-up patio, and 39 parking spaces, creating operational efficiency and customer convenience. Scheduled 10% rent increases every 5 years, including in each of the four (4) renewal options, provide built-in income growth through 2058.
Located in Marietta, GA, a thriving suburb within the Atlanta MSA, the property benefits from strong retail co-tenancy (ALDI, McDonald’s, CVS, Zaxby’s) and traffic counts over 37,000 VPD along Powder Springs Street. The site sits within a densely populated area with over 180,000 residents within 5 miles and rising household incomes, supported by major employers including Wellstar Kennestone Hospital, Lockheed Martin, Home Depot, and Kennesaw State University. This asset checks all the boxes for passive NNN investors seeking a stable, long-term income stream with a nationally recognized brand and institutional-quality lease structure.