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High-Performing Drive-Thru Restaurant Investment
For Sale
$2,400,000

8803 MO-45, Parkville, MO 64152

Freestanding Dairy Queen with a long-term absolute NNN lease.

Property Size2,332 SF
Price / SF$1,029
Days on Market284

Property Features for 8803 MO-45

General Information

Standard status Active
Size 2,332 SF
Property subtype Retail

Building Details

Building Size 2,332 SF
Year Built 2022
Listing Agency: Faris Lee Investments
Listed By: Hunter Steffien · License #CalDRE #02036521
Source: Farislee
Added: Nov 25, 2025 Changed: Aug 9 Last Checked: Sep 5 at 5:32AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Faris Lee Investments

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a fee simple interest in a drive-thru, freestanding Dairy Queen property in Parkville, Missouri. The quick-service restaurant is a high-performing location with sales above the brand’s average unit volume. It features a new, long-term, absolute NNN lease with 10% rental increases every five years of the initial 20-year lease term and renewal options. The property sits on a 1.06-acre parcel fronting a grocery-anchored shopping center. The Dairy Queen location has frontage on Tom Watson Parkway (17,000+ VPD) and benefits from the traffic created by the adjacent Price Chopper grocery store and other retailers. Price Chopper has had over 1M visitors in the last 12 months. Parkville is an affluent community just 9 miles from downtown Kansas City. Within a 5-mile radius, the 98,000+ residents report an Average Household Income of over $116,000. The city expects the population counts to expand by 20% over the next 10 years. This Dairy Queen will directly service a new 340-unit townhome community under development just west of the subject property. Parkville is known for its antique shops, art galleries, and historic downtown. Park University is located in Parkville with a Fall 2022 undergraduate enrollment of 7,387. Platte County’s population has grown 20% since 2010. The property size is 2,332 square feet.

Key Highlights

  • High‑performing drive‑thru Dairy Queen exceeding brand average unit volume.
  • Brand new, 20‑year Absolute NNN lease with 10% rental increases every five years.
  • Located in affluent Parkville, Missouri, with high average household income.

Property Analytics

Current Use

Drive through restaurants

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

Demographics for 64152, MO

29,623
Population
12,525
Households
2.4
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
30.9 sq mi
ZIP Area
959
Density / Sq Mi
$110,421
Median Household Income
$51,231
Median Earnings
$1,236
Median Rent
$333,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Drive through restaurant - Freestanding Dairy Queen with a long-term absolute NNN lease.
Where is this drive through restaurant located?
The property is located at 8803 MO-45 Parkville, MO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: High‑performing drive‑thru Dairy Queen exceeding brand average unit volume.; Brand new, 20‑year Absolute NNN lease with 10% rental increases every five years.; Located in affluent Parkville, Missouri, with high average household income.
More about this property
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