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680 Sabine St
Hemphill, TX 75948
Dairy Queen · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Low Rent – Low rent at this location allows this site to currently operate on a sub 4% rent to sales ratio.
  • Income Tax Free State – Texas is an absolute income tax free state.
  • 50+ Year Operating History – Dairy Queen has operated from this site since originally built in 1979.
  • Annual Increases – Lease contains annual 1.5% rental increases providing a stable long term hedge against inflation.
  • Absolute NNN – No landlord responsibilities, providing a great investment for passive investors.
  • Tenant Commitment – Tenant put $103,000 in capital improvements to the site in 2015, demonstrating a strong commitment to continued operations at this

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,022 SF
Building Class
B
Year Built
1979
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.92 AC

AMENITIES

  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R000006941
Land Assessment
$34,320
Improvements Assessment
$145,350
Total Assessment
$179,670
  • Listing ID: 29462470

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 680 Sabine St, Hemphill, TX 75948

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