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2294 N Highland Ave
Jackson, TN 38305
DQ Grill & Chill · Retail Property For Sale
PROPERTY FACTS
ABOUT 2294 N HIGHLAND AVE , JACKSON, TN 38305
DQ Grill & Chill has a brand new 20-year Absolute NNN lease with 8% rent escalations every 5 years and three 5-year renewal options. The lease guarantor, Frauenshuh Hospitality Group KY/IN, LLC (a subsidiary of Fourteen Foods – Largest Dairy Queen Franchisee in the U.S. with 216 in 13 states) has 107 DQ locations backing the performance of the lease. This asset has been open for business for decades with an attractive 7.25% rent-to-sale ratio. DQ Grill & Chill is located in Jackson, Tennessee just off a hard corner with high drive-by visibility. The subject property is less than two miles from West Tennessee Healthcare – Jackson – Madison Co. General Hospital (642 beds) and less than two miles from Union University (enrollment of 3,400 students). Nearby retailers include: Old Hickory Mall (anchored by Macy’s, Belk, Sears & JCPenney), Walmart Supercenter, Target, Kohl’s, Lowe’s Home Improvement, The Home Depot, Best Buy, Hobby Lobby, Kroger, Sam’s Club, Academy Sports + Outdoors, Dick’s Sporting Goods, Gap Outlet, Sketchers Outlet, Ashley HomeStore, Bed Bath & Beyond, Pier 1 Imports, Tractor Supply Co., Petco, PetSmart, Shoe Carnival, OfficeMax, Books-A-Million, Joann Fabrics, Dollar Tree, ALDI, etc. *In Association with Tennessee Local Broker: Terry Lynch, Southland Realty Corporation #15798
PROPERTY TAXES
| Parcel Number | 056I-A-002.00 | Improvements Assessment | $105,040 |
| Land Assessment | $90,000 | Total Assessment | $195,040 |
PROPERTY TAXES
