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15 N 7th St
Temple, TX 76501
Dairy Queen · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,358 SF
Building Class
C
Year Built
1961
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.38 AC
Zoning
CA - Central Area
Parking
30 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
125’ on W Adams Ave

ABOUT 15 N 7TH ST , TEMPLE, TX 76501

The offering is an absolute net leased Dairy Queen with five years remaining on its original twenty-year lease. The tenant has four 5-year renewal options, complete with scheduled increases. The tenant, Square 1 Restaurants, is the second largest Dairy Queen franchisee in the U.S. with 43 locations in Texas, generating approximately $30-$40 million in gross revenue, annually. Texas is home to more Dairy Queen locations than any other state in the U.S. The subject property is a 2,358 SF restaurant sitting on 16,500 square feet of land in the heart of Temple, TX. The property features a drive-thru and excellent signage. This highly trafficked hard corner location sees over 22,000 vehicles per day. The property is just two blocks from the Temple Train Station and Bus Center, and only a thirty-minute drive from Killeen Municipal Airport. The city of Temple is home to many regional distribution centers and is headquarters to two large, multinational companies, Wilsonart International and McLane Company. Temple is also home to the Temple Bottling Company, which produces Dr Pepper. Temple has an extensive medical community, mainly due to Baylor Scott & White Medical Center, which has numerous facilities in Temple, and Temple College, a leading post secondary junior college with a focus on health services. Temple is located along highway 35, at a midpoint between Austin and Dallas.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19070
Land Assessment
$46,860
Improvements Assessment
$337,537
Total Assessment
$384,397
  • Listing ID: 18679029

  • Date on Market: 2/28/2020

  • Last Updated:

  • Address: 15 N 7th St, Temple, TX 76501

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