Dairy Queen Grill & Chill | Dark, Rent-Paying 10-Yr Lease

Starting Bid: December 16th, 2026

Brokered by Charter Realty and powered by RealINSIGHT Marketplace, 407 Martin Luther King Jr Dr is a fee simple Dairy Queen Grill & Chill drive-thru in Fort Valley, Georgia, leased on an absolute NNN basis with zero landlord responsibilities. The restaurant is currently dark, but the newly executed 10-year lease remains in full force and effect through May 31, 2036, and the tenant continues to pay rent. Base rent increases 10% every five years, and the tenant remains responsible for taxes, insurance, CAM, roof, and structure. The lease includes tenant termination options exercisable only in Years 11 and 16, with no renewal options. The 2,378 SF purpose-built drive-thru building sits on a 1.24-acre parcel fronting Martin Luther King Jr. Drive (US Route 341), a primary Fort Valley corridor carrying 8,525 VPD alongside McDonald’s, Wendy’s, Taco Bell, Burger King, and O’Reilly Auto. Fort Valley is the Peach County seat within the Macon-Warner Robins MSA and home to Fort Valley State University.

Dark but Rent-Paying Lease in Full Force: Restaurant is closed, but the tenant continues paying rent under a lease running through May 2036.

$215.7M in Retail Sales Within 15 Minutes: Drive-time trade area of 26,627 residents spends $3,218 per household annually on eating out.

Termination Windows in Years 11 and 16: Tenant holds early termination options exercisable only in Years 11 and 16.

$110K Avg Household Income Within 10 Miles: The 36,948 residents within 10 miles report an average household income of $110,197 per year.

Starting Bid: #250,000

Auctioneer: Lamar P. Fisher

Auctioneer Company: Fisher Auction Company Inc.

Auctioneer License: AUNR003157