For Auction

Dairy Queen Grill & Chill | Dark, Rent-Paying 10-Yr Lease

407 Martin Luther King Junior Drive,
Fort Valley, GA 31030

Asset Snapshot

Real Estate
Asset Type
Retail
Property Type
Freestanding Retail
Retail Subtype
1.24 Acres
Land Area
100%
Occupancy
2,378 SF
Property Size
NNN
Lease Type
Single-Tenant
Retail Tenancy

Investment Highlights

Dark but Rent-Paying Lease in Full Force
Restaurant is closed, but the tenant continues paying rent under a lease running through May 2036.
$215.7M in Retail Sales Within 15 Minutes
Drive-time trade area of 26,627 residents spends $3,218 per household annually on eating out.
Termination Windows in Years 11 and 16
Tenant holds early termination options exercisable only in Years 11 and 16.
$110K Avg Household Income Within 10 Miles
The 36,948 residents within 10 miles report an average household income of $110,197 per year.
US 341 Corridor With National QSR Neighbors
McDonald's, Wendy's, Taco Bell, Burger King, Church's Chicken, and O'Reilly Auto line the corridor.
Peach County Seat Near Fort Valley State
Fort Valley State University, founded in 1895, drives daytime demand in the Macon-Warner Robins MSA.

Offering Summary

Brokered by Charter Realty and powered by RealINSIGHT Marketplace, 407 Martin Luther King Jr Dr is a fee simple Dairy Queen Grill & Chill drive-thru in Fort Valley, Georgia, leased on an absolute NNN basis with zero landlord responsibilities. The restaurant is currently dark, but the newly executed 10-year lease remains in full force and effect through May 31, 2036, and the tenant continues to pay rent. Base rent increases 10% every five years, and the tenant remains responsible for taxes, insurance, CAM, roof, and structure. The lease includes tenant termination options exercisable only in Years 11 and 16, with no renewal options. The 2,378 SF purpose-built drive-thru building sits on a 1.24-acre parcel fronting Martin Luther King Jr. Drive (US Route 341), a primary Fort Valley corridor carrying 8,525 VPD alongside McDonald’s, Wendy’s, Taco Bell, Burger King, and O’Reilly Auto. Fort Valley is the Peach County seat within the Macon-Warner Robins MSA and home to Fort Valley State University.

Due Diligence

Location

The property sits on Martin Luther King Jr. Drive (US Route 341), a primary commercial corridor in Fort Valley, the Peach County seat in the Macon-Warner Robins MSA. Nearby McDonald’s, Wendy’s, Taco Bell, and Burger King draw daily trips, while Fort Valley State University adds daytime demand. Roughly 26,627 residents live within a 15-minute drive of the site.

8,525 VPD
Traffic on Martin Luther King Jr. Drive
26,627
Population within a 15-minute drive
$215.7M
Retail sales within a 15-minute drive

Transaction Manager

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

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Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157

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Auction Opens In
46d 23h 13s
$250,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Broker

Spencer O'Donnell
Charter Realty

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.