Burger King Drive-Through
For Sale
Contact for pricing
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.
Property Size2,448 SF
Price / SF$1,282
Days on Market52
Property Features for 321 15th St W
General Information
Standard status
Active
Size
2,448 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$180,582
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Building Details
Year Built
1994
Buildings
1
Tenancy
Single
Listing Agency:
AiCRE Partners
Listed By:
Sam Gordon · License #02302164
Source:
Crexi
Added: Jul 1
Changed: Aug 7
Last Checked: Aug 20 at 3:16PM
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
Investment Insights
Based on property information with market context.
This fee-simple Burger King drive-through restaurant is leased to NDM Restaurants L.C., a multi-unit Burger King franchisee with more than 130 locations. The lease includes base rent plus an 8.5% percentage rent component. The property generated approximately $2.1 million in gross sales during 2025, reflecting strong performance under the current operating structure.
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.
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.
Key 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
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
148k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 29%
Hotels & Casinos 3%
Electronics 1%
McDonald's
Dining
32,697 visits/mo
0.4 miles
Holiday Station Store
Shops & Services
16,309 visits/mo
0.5 miles
Burger King
Dining
10,490 visits/mo
0.4 miles
Cenex
Shops & Services
9,777 visits/mo
0.4 miles
Taco John's
Dining
9,310 visits/mo
0.2 miles
Demographics for 58601, ND
29,697
Population
13,619
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
570.6 sq mi
ZIP Area
52
Density / Sq Mi
$81,008
Median Household Income
$49,085
Median Earnings
$968
Median Rent
$269,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- King Buffet — 1173 3rd Ave W #23, Dickinson, ND 58601
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fee-simple Burger King drive-through leased to a multi-unit franchisee with 8.5% percentage rent provisions.
Where is this conventional restaurant located?
The property is located at 321 15th St W Dickinson, ND.
What is the asking price?
The asking price for this property is $3,140,556.
What are key features of this property?
This property features: 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
