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NNN Quick-Service Restaurant with Parking
For Sale
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500 W Broadway Street, Denver City, TX 79323

Net-leased Dairy Queen with a large parking lot and tenant-responsible absolute NNN operating expenses.

Property SizeContact for details
Days on Market126

Property Features for 500 W Broadway Street

General Information

Standard status Active
Property subtype Retail

Additional Details

Business Included Yes

Building Details

Year Renovated 2003
Listing Agency: Coldwell Banker Commercial Capital Advisors
Listed By: Alex Eberhardt · License #TX
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:43AM

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 Coldwell Banker Commercial Capital Advisors

Investment Insights

Based on property information with market context.

This net-leased Dairy Queen restaurant is being offered for sale in Denver City, Texas and is operated by Vasari, LLC. The property is part of Vasari’s 70+ units in operation, and the tenant lease structure is absolute NNN, with the tenant directly responsible for operating expenses including property taxes, common area maintenance, and property insurance. The primary lease term is 20 years, with 8 years remaining. The lease includes 10% rent increases during the primary term and lease options.

The property was renovated in 2003 and includes a large parking lot that supports serving customers on a larger scale. The site is near retailers including McDonald’s, Dollar General, Pizza Hut, and Sonic, and a local high school is situated in close proximity.

As a specialty net-lease investment opportunity, the offering centers on the leased quick-service restaurant location and the tenant’s obligation for operating expenses under the absolute NNN terms.

Key Highlights

  • Net‑leased Dairy Queen in Denver City, Texas, operated by Vasari, LLC.
  • 8 years remaining in the primary 20‑year lease term.
  • Absolute NNN lease structure with tenant responsible for operating expenses, including property taxes, CAM, and property insurance.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Plumbing Service HVAC Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby
41k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 32% Home Improvements & Furnishings 4%
McDonald's Dining
10,440 visits/mo 0.1 miles
Dollar General Shops & Services
6,919 visits/mo 0.1 miles
Dollar Tree Shops & Services
5,133 visits/mo 0.2 miles
Stripes Shops & Services
3,901 visits/mo 0.3 miles
Valero Energy Shops & Services
3,391 visits/mo 0.2 miles

Demographics for 79323, TX

6,541
Population
2,675
Households
2.4
Avg Household Size
34
Median Age
12%
College-Educated
71%
High-School Grad
191.6 sq mi
ZIP Area
34
Density / Sq Mi
$82,253
Median Household Income
$46,818
Median Earnings
$699
Median Rent
$190,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Net-leased Dairy Queen with a large parking lot and tenant-responsible absolute NNN operating expenses.
Where is this conventional restaurant located?
The property is located at 500 W Broadway Street Denver City, TX.
What are key features of this property?
This property features: Net‑leased Dairy Queen in Denver City, Texas, operated by Vasari, LLC.; 8 years remaining in the primary 20‑year lease term.; Absolute NNN lease structure with tenant responsible for operating expenses, including property taxes, CAM, and property insurance.
(806) 577-3032 Call to check price and availability
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