3488 E Rosemeade Pky
Carrollton, TX 75007
Retail Property For Sale

Marcus & Millichap is pleased to present the Dairy Queen located at 3488 East Rosemeade Parkway in Carrollton, Texas. The 2,349-square foot restaurant was constructed in 1993, renovated in 2012, and is situated on 0.68 acres of land. The property is leased on a triple-net basis to a Dairy Queen franchisee, Vasari, LLC, through October of 2028 with four five-year options. Vasari, LLC operates 75 Dairy Queen locations in Texas, Oklahoma, and New Mexico. Dairy Queen, often abbreviated DQ, is a chain of soft serve ice cream and fast-food restaurants owned by International Dairy Queen, Inc., a subsidiary of Berkshire Hathaway. It also owns Orange Julius and Karmelkorn. The first restaurant was located in Joliet, Illinois. It was operated by Sherb Noble and opened for business on June 22, 1940. The first Canadian store opened in Estevan, Saskatchewan in 1953. It serves a variety of frozen products, such soft serve ice cream. The company's corporate offices are located in the Minneapolis suburb of Edina, Minnesota. Dairy Queen is located at the intersection of East Rosemeade Parkway and Marsh Lane. The property is situated just over 3,000 feet from the President George Bush Turnpike, a 52-mile toll road running through the northern, northeastern, and western suburbs, forming a partial loop around Dallas, Texas. Dairy Queen is located less than two miles from The Shops at Willow Bend, an upscale shopping mall located in Plano, Texas, with more than 125 stores and three anchor stores. The Shops at Willow Bend is currently undergoing a $100 million dollar renovation and expansion projected to be completed in phases beginning mid-2017 and continuing through 2018. Dairy Queen is also surrounded by major national tenants including two Walmart Supercenters, Super Target, Costco Wholesale, Kroger, The Home Depot, Hobby Lobby, Michael's, and many more.