This Dairy Queen at 1179 E Main Street in Alice, Texas, presents a stable, long-term national tenant sale-leaseback investment in a high-traffic commercial corridor. The 2,608-square-foot building sits on a 0.61-acre lot with excellent visibility along East Main Street, benefiting from steady customer traffic. The sale-leaseback will be secured by a 20-year absolute NNN lease, offering truly passive income with zero landlord responsibilities. The assured 5.85% cap rate and a lease guaranteed by an experienced franchisee with over 30 years of operational success, combined with a prime location in an established commercial node, make this an attractive addition to any portfolio.
Alice is a prominent South Texas economic hub largely supported by the oil and gas industry, healthcare, and education, providing a strong income base. 1179 E Main Street is located near the heart of Alice and is along the city’s primary retail corridor, poising it to maximize exposure to these consumers. Historic Downtown Alice, H-E-B, Dollar General, AutoZone, Starbucks, Rent-A-Center, and over a dozen restaurants are within a mile along East Main Street, acting as co-traffic drivers to bring in a diverse array of visitors. Demographic data indicates a growing population as well, further cementing this as a premier long-term investment opportunity. Inquire now to learn more.