1304 S Story St
Boone, IA 50036

Dairy Queen Brazier has a brand new 20-year Absolute NNN lease with 8% rental escalations every 5 years with three 5-year renewal options. The tenant, Frauenshuh Hospitality Group MN, LLC (A Subsidiary of Fourteen Foods – Largest Dairy Queen Franchisee in the U.S. with 216 in 13 states) has 67 DQ locations backing the performance of the lease! The subject location has an attractive 7.25% rent to sales ratio helping to ensure long-term profitability at this location. Dairy Queen Brazier is located in Boone, Iowa on the main North/South thoroughfare with high drive-by visibility. The unemployment rate in Boone County as of May 2018 at 2.0% which is well below the national rate at 3.8%. Nearby retailers to this asset include: Walmart Supercenter, Orscheln Farm & Home, Boone Ace Hardware, Hy-Vee, Fareway Grocery, Dollar General, Walgreens, O’Reilly Auto Parts, etc. The subject location is also one block from Des Moines Area Community College – Boone and one mile from Boone County Hospital. *In Association with Iowa Local Broker: Elliott Realty Group