321 15th St W, Dickinson, ND 58601
Fee-simple Burger King drive-through leased to a multi-unit franchisee with 8.5% percentage rent provisions.
- Added:
- Jul 1, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 4 at 2:05 am
Property Features for 321 15th St W
General Information
- Standard status
- Active
- Size
- 2,448 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1994
Listing office AiCRE Partners
Listing date Jul 1, 2026
Source Crexi
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 AiCRE Partners
HighLights
- Fee‑simple Burger King drive‑through built in 1994
- Leased to NDM Restaurants L.C., a multi‑unit Burger King franchisee with 130+ locations
- Lease includes 8.5% percentage rent in addition to base rent
- Restaurant generated approximately $2.1M in gross sales during 2025
- Property is positioned along Interstate 94
Overview
The restaurant is positioned on 15th St W in Dickinson, North Dakota, along Interstate 94. The site is described as benefiting from visibility and a regional customer base extending through Western North Dakota and the Bakken oil region.
For buyers and tenant-minded operators, the asset offers an established, brand-recognized quick-service restaurant format under an experienced franchise operator. The seller’s remarks also note the franchisee’s interest in a potential corporate-image remodel, which, per the existing lease and franchise agreement, could trigger a new 20-year lease term. This creates a structure that combines dependable base income with participation through percentage rent, subject to the remodel and lease provisions outlined in the current agreements.
Current Use by Public Records
Similar Places Nearby
- King Buffet — 1173 3rd Ave W #23, Dickinson, ND 58601
Location Insight
- Map
- Local Demand
- City
- Dickinson
- County
- Stark
- State
- North Dakota
- Longitude
- -102.78045
- Latitude
- 46.899678