1008 Gainesboro Hwy Celina, TN 38551-5011
This exceptional 1,707-square-foot commercial property, situated on a 0.662-acre lot in Celina, Tennessee, presents a remarkable investment opportunity. Currently a former Dairy Queen Grill & Chill, this single-tenant building boasts 100% occupancy and is zoned for commercial use. The asking price is $800,000, translating to $571.18 per square foot. Located at 1008 Gainesboro Hwy, Celina, TN 38551, this property enjoys a prime location between a Shell Gas Station and a Walgreens, ensuring high visibility and traffic flow. The ample 20-space parking lot caters to customer convenience. This property is ideal for a quick-service restaurant (QSR) franchise, a bank, or a liquor store, offering a unique chance to establish a branded presence in a market currently lacking a similar food chain. The sale includes only the building and land; no Dairy Queen signage or furniture is included. This is a turnkey opportunity for a developer or franchisee seeking a high-traffic location in a thriving community. The property's strategic positioning and substantial lot size provide significant potential for future development or expansion.
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Dairy Queen Grill & Chill Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.