2106 N Maple Ave - Restaurant FOR SALE
Rapid City, SD 57701 |
2106 N Maple Ave
Rapid City, SD 57701
HIGHLIGHTS
- 8+ years remaining on absolute NNN ground lease with 10% rental increases every 5 years (zero LL expense/maintenance obligations)
- 3rd most trafficked restaurant in SD & top 2% nationwide (per Placer.ai)
- Corporate lease: Texas Roadhouse Holdings LLC
- 12+ year operating history at the site
- Extremely low rent – $17.68/SF
- Standalone outparcel of Uptown Rapid Mall – the only enclosed shopping mall within 250 miles
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Texas Roadhouse
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
ADD'L SUBTYPES
Restaurant
TOTAL BUILDING SIZE
6160
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
2130151005
