The subject offering is a fee simple interest in a net leased Dairy Queen. The property is one of the highest performing restaurants in Franchise. Dairy Queen will be operating under a new 20 year NNN lease upon the close of escrow. The Restaurant is located on a major E/W surface street near the corner of a major N/S corridor with approx. 16,000 cars per day. The asset is surrounded by retailers including FedEx Office Print & Ship Center, Lowe's Home Improvement & Radio Shack. Single level block building with dine in capacity of 80 and drive through window. Building has recently been remodeled in the inside and is in excellent condition.

Location Description:

Coeur d'Alene is the largest city and county seat of Kootenai County, Idaho. Coeur d'Alene has the second largest metropolitan area in the state of Idaho. The city is located about 30 miles east of the larger Spokane, Washington. As of the 2010 census the population of Coeur d'Alene was 44,137. Locally, Coeur d'Alene is known as the "Lake City," and has grown significantly in recent years, in part because of a substantial increase in tourism, encouraged by several resorts in the area. In 2009, Coeur d'Alene ranked No. 12 on Newsmax magazine's list of the "Top 25 Most Uniquely American Cities and Towns". Coeur d'Alene's retail has expanded greatly in recent years with the opening of new stores and entertainment venues. Coeur d'Alene's Riverstone development houses a 14 theater Regal Cinemas, condominiums, a Hampton Inn, a park, restaurants, and local retailers

Highlights:

>> New 20 Year Net Leased Offering

>> Absolute NNN Investment - Zero Landlord Obligations

>> Sale Leaseback Opportunity

>> Rent Increases 5% at Each Option

>> Newly Remodeled 2014

>> Located Through A Major Commercial Thoroughfare

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Sales Info:

>> Cap rate: 6.8%

>> Commision split: 2.0%

>> NOI: $102000