Dairy Queen Drive-Through
For Sale
Contact for pricing
Pending
483 SE 5th St, Madras, OR 97741
Single-tenant restaurant renovated in 2018 with a new absolute-net lease planned at closing.
Property Size3,192 SF
Lot Size0.69 Acres
Days on Market142
Property Features for 483 SE 5th St
General Information
Standard status
Pending
Size
3,192 SF
Lot size
0.69 Acres
Property subtype
Retail
Additional Details
Traffic Count
12,400 vehicles/day
Building Details
Year Built
1977
Year Renovated
2018
Tenancy
Single
Listing Agency:
Deltondo Advisory Group Irvine
(949) 419-3200
Listed By:
Peter Deltondo · License #CA 01797033
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:45PM
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 Deltondo Advisory Group Irvine
Investment Insights
Based on property information with market context.
This Dairy Queen restaurant contains 3,192 square feet on a 30,056-square-foot lot at 483 SE 5th St in Madras, Oregon. Originally built in 1977, the building was renovated in 2018 and is configured for a single tenant.
A new 20-year absolute-net lease is planned at closing, with 7.5% increases every 5 years and four 5-year extension options. The lease will include an 11-unit guaranty from DND Groups, Inc., which operates 29 units across 5 states and has 15 years of operating experience. The property is located just off SE 5th Street, which oversees approximately 12,400 vehicles per day.
A new 20-year absolute-net lease is planned at closing, with 7.5% increases every 5 years and four 5-year extension options. The lease will include an 11-unit guaranty from DND Groups, Inc., which operates 29 units across 5 states and has 15 years of operating experience. The property is located just off SE 5th Street, which oversees approximately 12,400 vehicles per day.
Key Highlights
- 3,192‑square‑foot Dairy Queen restaurant on a 30,056‑square‑foot lot
- Built in 1977 and renovated in 2018
- New 20‑year absolute‑net lease planned at closing
Property Analytics
Property Profile
Current Use
Lease Details
12,400 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
Explore this area
Business Placement
Demographics for 97741, OR
13,753
Population
4,777
Households
2.9
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
363.9 sq mi
ZIP Area
38
Density / Sq Mi
$69,696
Median Household Income
$37,641
Median Earnings
$993
Median Rent
$308,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Single-tenant restaurant renovated in 2018 with a new absolute-net lease planned at closing.
Where is this drive through restaurant located?
The property is located at 483 SE 5th St Madras, OR.
What are key features of this property?
This property features: 3,192‑square‑foot Dairy Queen restaurant on a 30,056‑square‑foot lot; Built in 1977 and renovated in 2018; New 20‑year absolute‑net lease planned at closing
