21335 Highway 22 N | Wildersville, TN 38388
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21335 Highway 22 N
Wildersville, TN 38388
DQ GRILL & CHILL – WILDERSVILLE, TN · Retail Property For Sale
Investment Highlights
- LONG-TERM LEASE ABSOLUTE NNN LEASE: 14 years remaining on initial 20-year Absolute NNN lease with an attractive 8% rental escalations every 5 years
- All locations back the performance of the lease!
- TRAFFIC COUNTS: Limited competition and excellent drive-by visibility from Hwy-22 & I-40 (positioned just off the exit ramp) with traffic counts of
- TENANT: Fourteen Foods, LLC is the largest multi-unit owner/operator of DQ Grill & Chill restaurants and Dairy Queen Braziers with ±209 locations
- SEASONED SALES LOCATION: Successfully open and operating for over a decade with an attractive 7.19% Rent to Sales Ratio (YE 2024)!
- 2024 DEMOGRAPHICS: Total Population (5MI): 2,699 | Average Household Income (1MI): $82,350
Property Facts
Property Type
Retail
Property Subtype
Building Size
1,500 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.85 AC
Zoning
C1 - Fast Food/ Restaurant
Frontage
191’ on Highway 22 N
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Numbers | Improvements Assessment | $124,040 | |
| Land Assessment | $183,120 | Total Assessment | $307,160 |
Property Taxes
Parcel Numbers
Land Assessment
$183,120
Improvements Assessment
$124,040
Total Assessment
$307,160
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