Dairy Queen on Shannon
1222 S Shannon St, Van Wert, OH 45891
Dairy Queen with long-term lease in Van Wert, OH.
Type:Retail
Property size:
2,276 SFPrice / SF:
$695/SF- Added:
- Feb 9, 2026
- Days on Market:
- 96
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1222 S Shannon St
General Information
- Standard status
- Active
- Size
- 2,276 SF
- Property subtype
- Retail
Listing agent Steven Schiavello License #NJ 1327559
Listing office Horvath & Tremblay
Listing date Feb 9, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay
HighLights
- Long‑term (17+ years remaining), Absolute NNN lease with Dairy Queen for stable income.
- Dairy Queen has a long operating history (since 1991) with a recent 20‑year lease extension.
- Located on South Shannon Street, a primary commercial corridor with excellent visibility.
- Benefits from steady traffic due to proximity to Ruler Foods and Chief Supermarket.
- Supported by nearby OhioHealth Van Wert Hospital, Van Wert Public Schools, and Greif, Inc.
- Easy access to US Routes 127, 30, and 224, facilitating regional transportation.
Overview
The property is a Dairy Queen located at 1222 South Shannon Street in Van Wert, OH. The Dairy Queen opened in 1991 and has a long operating history at this location. The tenant has demonstrated their commitment to the site and market by executing multiple lease extensions. In 2023, Dairy Queen executed a 20-year lease extension and completed building renovations. The absolute NNN lease currently has over 17 years of term remaining. The property is positioned along South Shannon Street, a primary commercial corridor in Van Wert, and benefits from excellent visibility, prominent signage, and convenient access with ample on-site parking. The location benefits from steady traffic due to its proximity to retailers and restaurants, including two grocery-anchored centers featuring Ruler Foods (directly adjacent) and Chief Supermarket (across the street). It is also near residential neighborhoods surrounding Downtown Van Wert, which is just over a mile away. Additional supporting locations include OhioHealth Van Wert Hospital (1.5 miles away), Van Wert’s Public Schools (0.5 miles away), and a large manufacturing facility for Greif, Inc (just under a mile away). The property offers easy access to US Routes 127, 30, and 224, allowing for broader regional transportation. Van Wert is located approximately 35 miles southeast of Fort Wayne, Indiana, and 95 miles southwest of Toledo, Ohio, providing access to larger regional employment, retail, and consumer markets. The property size is 2276 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dairy Queen Grill ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Van Wert
- County
- Van Wert
- State
- Ohio
- Longitude
- -84.598928
- Latitude
- 40.854307
FAQs
What type of property is this?
Conventional restaurant - Dairy Queen with long-term lease in Van Wert, OH.
Where is this conventional restaurant located?
The property is located at 1222 S Shannon St Van Wert, OH.
What is the asking price?
The asking price for this property is $1,583,000.
What are key features of this property?
This property features: Long‑term (17+ years remaining), Absolute NNN lease with Dairy Queen for stable income.; Dairy Queen has a long operating history (since 1991) with a recent 20‑year lease extension.; Located on South Shannon Street, a primary commercial corridor with excellent visibility.
