1205 6th Ave SE - Fast Food FOR SALE
Aberdeen, SD 57401 |
1205 6th Ave SE
Aberdeen, SD 57401
HIGHLIGHTS
- Excellent 5.00% 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.
- Nearby retailers include Hobby Lobby, Target, Walmart, Runnings, Culver’s, Caribou Coffee, O’Reilly Auto Parts, Menards, Family Dollar, and much more.
- 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.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Arby's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
3479
STORIES
1
YEAR BUILT
2002
SPRINKLERS
-
PARKING SPACES
47
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
15926
