1840 Lee Ave SW Cullman, AL 35055

Building Details

Year Built

2015

Listing agency Faris Lee Investments h***@farislee.com Show Phone

Listed by Hunter Steffien · License #CalDRE #02036521 Show Phone

Source Farislee

Added: Jul 12 Updated: Jul 13 at 2:16AM Checked: Jul 21 at 5:50AM

Report an Issue

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.

Faris Lee Investments presents the fee simple interest in a drive-thru Dairy Queen secured by a new 20-year absolute NNN lease with zero landlord responsibilities and 10% rental increases every five years.

The property includes a 3,466 SF building situated on a 1.42-acre parcel. The site is positioned within Cullman’s premier regional retail corridor, anchored by Walmart and Lowe’s, as well as Townsquare Shopping Center.

The tenant is SMDG LLC, described in the offering as a top-performing multi-unit, multi-brand franchisee in Alabama. Financials are available upon request.

Key Highlights

• Fee simple interest in a Dairy Queen with a new 20‑year absolute NNN lease
• Lease includes 10% rental increases every five years
• 2015‑built 3,466 SF drive‑thru Dairy Queen on a 1.42‑acre parcel

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $370,000

  4,258 SF

  Mixed-Use Commercial Property

  Property includes a 2,840 SF shop and 1,480 SF livable space with four bedrooms and highway frontage.

  61 Al Hwy 69 N, Cullman, AL 35055

  View Details
• 

  $499,000

  9,100 SF

  Church Building with Classrooms

  Church facility with eight classrooms, kitchen, and two bathrooms on a large-parking lot site.

  9350 US Highway 278, Cullman, AL 35055

  View Details
• 

  $2,100,000

  6,955 SF

  Second-Generation Medical Office Building

  Modern 2015-built office with existing clinical infrastructure and an Edward Jones lease for immediate income options.

  1830 LEE AVE SW CULLMAN AL 35055-5265, CULLMAN, AL

  View Details
• 

  $225,000

  1,248 SF

  Cullman Commercial Land Opportunity

  1.9 acres of commercial land in Cullman, Alabama.

  207 Richard Ave NE, Cullman, AL 35055

  View Details
• 

  $1,100,000

  2,880 SF

  Retail Storefront Property

  Commercial retail storefront property available for sale with a listed size of 2,880 square feet.

  324 Co Rd 222, Cullman, AL 35055

  View Details
• 

  $239,000

  1,703 SF

  Office-Live Work Building with Parking

  Flexible office layout with reception and connected work areas plus a large rear den and floor-to-ceiling fireplace.

  18146 US Hwy 31, Cullman, AL 35058

  View Details
• 

  $1,750,000

  2,000 SF

  Office-Warehouse Flex Property

  Flex property with office and warehouse space, two suites, and shared restrooms between suites.

  111 Schwaiger Rd, Cullman, AL 35055

  View Details
• 

  $375,000

  4,320 SF

  Highway 69 Mixed-Use Property

  Mixed-use property with shop and livable space on Highway 69.

  61 Al Hwy 69 N, Cullman, AL 35055

  View Details
• 

  $495,000

  2,932 SF

  Turnkey Transmission Shop with Residence

  Equipped transmission shop with on-site residence on over an acre.

  439 County Road 1568, Cullman, AL 35058

  View Details
• 

  $2,001,000

  9,100 SF

  Dollar General NNN Investment Opportunity

  Single tenant NNN Dollar General in Cullman, Alabama for sale.

  6182 Co Rd 437, Cullman, AL 35057

  View Details
• 

  $189,000

  930 SF

  Retail Storefront with High Visibility

  Storefront property for sale with strong traffic visibility along 3rd Street frontage.

  206 3rd St, Cullman, AL 35055

  View Details
• 

  $259,000

  1,084 SF

  Remodeled Downtown Office Suite

  Remodeled office space with private offices, reception, conference room, and back private parking for flexible professional use.

  102 4th Ave Ne, Cullman, AL

  View Details

FAQs

What type of property is this?

Drive through restaurant - Fee simple drive-thru Dairy Queen offered with a new 20-year absolute NNN lease and scheduled 10% increases.

Where is this drive through restaurant located?

The property is located at 1840 Lee Ave SW Cullman, AL.

What is the asking price?

The asking price for this property is $2,957,000.

What are key features of this property?

This property features: Fee simple interest in a Dairy Queen with a new 20‑year absolute NNN lease; Lease includes 10% rental increases every five years; 2015‑built 3,466 SF drive‑thru Dairy Queen on a 1.42‑acre parcel