Property summary
This exceptional investment opportunity presents a fee-simple, 3,439 square foot Dairy Queen located in Inverness, Florida. The property boasts a new 20-year absolute NNN sale-leaseback agreement with a top-performing franchisee, ensuring consistent cash flow. Situated on a 0.58-acre lot with excellent visibility and direct access to US Highway 41, a major arterial road, this location benefits from high traffic volume. The property's strong tenant, recognized for various awards, operates within a thriving retail environment, surrounded by national brands such as Publix, Winn-Dixie, and numerous other restaurants and retailers. Proximity to HCA Florida Citrus Hospital, Withlacoochee Technical College, Citrus County Governmental Offices, and Citrus High School further enhances the location's appeal. The building was renovated in 2010. The asking price is $2,700,000, representing a 5.50% cap rate and a price per square foot of $785.11. The property generates a net operating income (NOI) of $148,500. This is a rare opportunity to acquire a stable, long-term investment in a prime location within a tax-free state. The property features 100% occupancy.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight