3009 Broadway Ave - Fast Food FOR SALE
Yankton, SD 57078 |
3009 Broadway Ave
Yankton, SD 57078
HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 5.00% Rental Escalations Every 5 Years!
- DRM, Inc. currently has 109 locations in Illinois, Iowa, South Dakota, Nebraska, Wisconsin, Minnesota & Wisconsin
- (One of the largest Arby's in the U.S.) - Tenant on the lease encompasses all restaurant locations.
- Successfully open & operating since 2005 with sales well-above the Arby’s national average and an attractive 7% Rent-to-Sales Ratio!
- Slated for a full remodel by yearend 2026 reaffirming the Tenant's commitment to the side!
- 2023 DEMOGRAPHICS: Total Population (5-MI): 18,902 | Average Household Income (1-MI): $100,773
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Arby's-Yankton, SD
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Fast Food, Restaurant
TOTAL BUILDING SIZE
3402
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
66
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
78.886.001.030
