$525,000
$650,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
1,320 SqFt
SOLD DATE : 02/19/2020
Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,320 sqft
Price per Sqft $397
Subdivision None Available
MLS Listing ID MDMC695982
Sold Date 02/19/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1998
Tax Year 2020
Property Description
Opportunity to acquire fully operational and very profitable Dairy Queen in an AAA location.$200000+ in Net operating Income (NOI) annualized for Owner Operator. Leases have been extended 5 years with a 5 year option. Franchise has been extended 5 additional years. Store management in place and ready to continue.operations. Buyers must execute Non Disclosure Agreement to review P & L's.
Location
State MD
County Montgomery
Zoning C
Direction East
Interior
Hot Water Electric
Heating Forced Air, Central
Cooling Central A/C
Flooring Ceramic Tile
Equipment Negotiable
Fireplace N
Heat Source Electric
Exterior
Waterfront N
Water Access N
Roof Type Composite
Accessibility Other
Road Frontage Public
Parking Type Parking Lot
Garage N
Building
Building Description 9'+ Ceilings, Display Window
Sewer Public Sewer
Water Public
Structure Type 9'+ Ceilings
New Construction N
Schools
School District Montgomery County Public Schools
Others
Ownership Leasehold
Special Listing Condition Undisclosed
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Bought with J. Larry Galey • RE/MAX Realty Centre, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "