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5050 N Cliff Ave
Sioux Falls, SD 57104
Arby's · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Income Tax-Free State
- Absolute NNN Lease | 18 Years Remaining Term
- Highly Visible Site near Signalized Intersection
- Excellent Rent/Sales Ratio
- Strong Franchisee | Over 110 Units under Management
- Positioned in Blue-Collar Industrial Hub
RÉSUMÉ DE L'ANNONCE
Colliers International is proud to present the Arby’s restaurant site on Cliff Avenue in Sioux Falls, South Dakota. Arby’s has been at this location since its construction in 1995 and currently operates under a 20-year lease with approximately 18 years remaining term. This is an absolute net-leased property (Absolute NNN) with no landlord responsibilities for property taxes, utilities, maintenance or roof/structure. Rental income is set at a base amount, with percentage rent being applied above a specified gross sales figure as an efficient hedge against inflation. The franchisee on-site is DRM, Inc., one of the largest Arby’s operators in the country with over 110 locations nationwide.
Arby’s has a long and successful track record at this site since 1995. It benefits greatly from its strategic location along the on and off ramps of Interstate 90, along with its positioning within the industrial core of north Sioux Falls. The neighboring blue-collar workforce has limited options in the immediate vicinity, providing a competitive advantage for this location. There are 2.7 million square feet of industrial space within a 1-mile radius of the Arby’s site, with 43,000 square feet under construction and a vacancy rate below one percent, providing a stable customer base for local retailers.
Arby’s has a long and successful track record at this site since 1995. It benefits greatly from its strategic location along the on and off ramps of Interstate 90, along with its positioning within the industrial core of north Sioux Falls. The neighboring blue-collar workforce has limited options in the immediate vicinity, providing a competitive advantage for this location. There are 2.7 million square feet of industrial space within a 1-mile radius of the Arby’s site, with 43,000 square feet under construction and a vacancy rate below one percent, providing a stable customer base for local retailers.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement pour loyer hypernet
Condition de vente
1031 Échange
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
3 534 pi²
Année de construction/rénovation
1995/2008
Prix
2 303 268 $ CAD
Prix par pi²
651,75 $ CAD
Taux de capitalisation
6,01%
Revenu net d’exploitation
138 426 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,07
Taille du lot
1,18 AC
Impôts fonciers
| Numéro de lot | 40798 | Évaluation des bâtiments | 828 758 $ CAD |
| Évaluation du terrain | 224 324 $ CAD | Évaluation totale | 1 053 082 $ CAD |
Impôts fonciers
Numéro de lot
40798
Évaluation du terrain
224 324 $ CAD
Évaluation des bâtiments
828 758 $ CAD
Évaluation totale
1 053 082 $ CAD
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