• Excellent 7.00% Rent to Sales.
• This Arby’s is on a 20 Year, NNN Lease with 5% rent increases every 5 years.
• The tenant on the lease, DRM, Inc., is one of the largest Arby’s franchisees and operates 109 Arby’s in 7 Midwest states. DRM has been in business for 46 years, is a great credit tenant that keeps up on their facilities and has never missed a payment.
• Nearby retailers include Hobby Lobby, Target, Walmart, Runnings, Culver’s, Caribou Coffee, O’Reilly Auto Parts, Menards, Family Dollar, and much more. Across the street from this Arby’s is Avera St. Luke’s Hospital which is a 60 bed hospital.
• This Arby’s is well located on 6th Avenue Southeast where traffic counts average 31,935 vehicles per day.
• South Dakota is a no income tax state. Aberdeen was ranked #1 in education in South Dakota and is located in a county seat.
• Demographics of a 5-mile population of 30,615 and average household income of $81,290.
• Excellent 7% Rent to Sales.
• This Arby’s is on a 20 Year, NNN Lease with 5% Rent Increases every 5 years.
• Arby’s is located blocks from South Dakota State University, where approximately 11,300+ students are enrolled.
• Nearby retailers include Walmart, Lowe’s, McDonalds, Starbucks, Hy-Vee, TJMaxx, Taco Bell, Qdoba, O’Reilly Auto Parts, Taco Johns, Culvers, 3M, and much more.
• South Dakota is a no income tax state. Brookings is the County Seat of Brookings county and is ranked the 3rd Best Place to Live in South Dakota by Niche.
• Population of 26,378 and average household income of $76,969 within a 5-mile radius. This property is located along Highway 14 where traffic counts average 17,415 vehicles per day.
• 6.91-acre new construction development
• Located at fully signalized intersection in the heart of Rapid City
• Build-to-Suite, Ground Lease, or Pad Sale
• Excellent visibility from Hwy 190, and easy access from Lacrosse
• Surrounded by national retailers at the entrance to Rushmore
• Area tenants include: Target, Walmart, Sam’s Club, Scheels and
- 10,500 SF Office/Shop/Warehouse plus 2 Mezzanines
- 3,500 SF Office
- 1,500 SF Shop
- 5,000 SF Warehouse
- 2 Mezzanine | 1 - 1,500 SF | 2 - 750 SF
- 2 Fenced Storage Yards
- 4 Private Offices, Conference Room, Break Room,
- Easy Access to I-25
10,500 S/F building (plus Mezzanine space) available for lease on Main St, Elk Point. 3,500 SF of the building is currently finished as office with the remainder warehouse/ shop space. 18 ft. ceiling clearance in the warehouse with one 14ft OH door, along with crane and hoist.
SVN | Northco is pleased to present a prime ground lease opportunity at 4001 E 10th St in Sioux Falls, SD. This Property includes a +/- 4,490sf vacant second generation restaurant space, previously a Denny's located on +/- 1.16 acres of land, with 90 available parking spaces ("Property"). The Property is in close proximity to many strong-performing retail locations such as Target, Walmart, Taco Bell, KFC, Domino's, DQ, Caribou, Applebee's, and more. In addition, there are more than a dozen hotels in the surrounding area, creating consistent breakfast, lunch and dinner clients. It is in a prime location, on 10th St E, which is part of the largest east-west thoroughfare through Sioux Falls.
- Available immediately
- +/- 1.16 acre ground lease opportunity in a high-visibility location on a major thoroughfare (highly desirable 10th Street East).
- The parcel is improved with a +/- 4,490 SF former Denny's restaurant.
- Frontage on E. 10th Street with 25,900 VPD
- Ample space for parking with 90 spots that are currently available
- Located 2.7 miles east of downtown Sioux Falls, SD
• Shadow anchored by Walmart Super Center
• Close proximity to University of South Dakota (9,400
students) and Polaris Factory
• Visible from HWY 50
• Endcap and In-line suites available
• Major Retailers within close proximity: HyVee, Tractor
Supply Co., O’Reilly Auto Parts, Runnings, and ACE
◆ 149.42 Acres development land along 60th Street N near I-29
◆ For Sale: $44,500/Per Acre
◆ 5-acre corner parcel at Kiwanis Ave and W 60th St N is zoned
C-4 Commercial and is located in Sioux Falls city limits
◆ Easy access to I-29 and I-90
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