Dairy Queen Drive-Through
New
For Sale
Contact for pricing
47720 Hwy 58, Oakridge, OR 97463
Operating franchise restaurant with real estate, furnishings, equipment, and C3 zoning in Oakridge.
Property Size3,200 SF
Lot Size0.84 Acres
Price / SF$500
Days on Market7
Property Features for 47720 Hwy 58
General Information
Standard status
Active
Size
3,200 SF
Total Parking Spaces
42
Lot size
0.84 Acres
Property subtype
Business for Sale, Retail
Zoning
C3
Occupancy
100%
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Equipment Included
Yes
Building Details
Year Built
1986
Buildings
1
Units
1
Listing Agency:
Brad Anderson Real Estate Inc
(541) 912-6689
Listed By:
Becki Trowbridge · License #201207314
Source:
Crexi
Added: Aug 5
Changed: Aug 10
Last Checked: Aug 10 at 8:45AM
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 Brad Anderson Real Estate Inc
Investment Insights
Based on property information with market context.
This operating Dairy Queen franchise includes the restaurant building, underlying land, furniture, fixtures, and equipment. The improvements contain 3,200 square feet and were constructed in 1986. Franchise rights are included subject to Dairy Queen approval, providing an opportunity to acquire the business and real estate together. The property is zoned C3 and occupies a 0.84-acre parcel in Oakridge, Oregon.
The restaurant is positioned along Highway 58, a primary corridor through Oakridge. The surrounding area serves recreational travelers pursuing mountain biking, hunting, camping, rafting, skiing, fishing, climbing, hiking, and golfing. Oakridge also functions as a route for visitors traveling to outdoor destinations in the region.
The restaurant is positioned along Highway 58, a primary corridor through Oakridge. The surrounding area serves recreational travelers pursuing mountain biking, hunting, camping, rafting, skiing, fishing, climbing, hiking, and golfing. Oakridge also functions as a route for visitors traveling to outdoor destinations in the region.
Key Highlights
- Dairy Queen franchise rights included, subject to Dairy Queen approval
- 3,200‑square‑foot restaurant building constructed in 1986
- 0.84‑acre parcel in Oakridge, Oregon
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$46,076
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$921,520
$921.5K
Cap Rate 7%
$658,229
$658.2K
Cap Rate 9%
$511,956
$512.0K
Market Conditions
NOI Build-Up for 3,200 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.1K $20.04/SF
− Vacancy
−$2.7K −$0.84/SF
EGI
$61.4K $19.20/SF
− OpEx
−$15.4K −$4.80/SF
NOI
$46.1K $14.40/SF
Area
Lane County, OR
Vacancy
4.20%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$921,520
Cap Rate 7%
$658,229
Cap Rate 9%
$511,956
Alternative Uses
Best Use
Specialty Retail
$658.2K
$576.0K – $767.9K
NOI $46,076 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$809.6K
$708.4K – $944.5K
NOI $56,669 @ 7.0% cap · market cap 3.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Ray's Food Place
Groceries
8,335 visits/mo
0.4 miles
Demographics for 97463, OR
3,886
Population
1,775
Households
2.2
Avg Household Size
50
Median Age
18%
College-Educated
84%
High-School Grad
48.7 sq mi
ZIP Area
80
Density / Sq Mi
$36,885
Median Household Income
$19,934
Median Earnings
$918
Median Rent
$241,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Operating franchise restaurant with real estate, furnishings, equipment, and C3 zoning in Oakridge.
Where is this drive through restaurant located?
The property is located at 47720 Hwy 58 Oakridge, OR.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Dairy Queen franchise rights included, subject to Dairy Queen approval; 3,200‑square‑foot restaurant building constructed in 1986; 0.84‑acre parcel in Oakridge, Oregon
