End-Cap Drive-Through
For Sale
Contact for pricing
1001 E North St, Rapid City, SD 57701
A dedicated service lane and window complement an open customer area and rear kitchen space.
Property Size2,000 SF
Days on Market87
Property Features for 1001 E North St
General Information
Standard status
Active
Size
2,000 SF
Site & Location
End Cap
Yes
Drive-Thru
Yes
Traffic Count
15,866 vehicles/day
Restaurant
Commercial Hood
No
Patio
Yes
Equipment Included
No
Amenities
drive-thru lane
service window
open dining or retail area
two restrooms
storage
back-of-house space
rear patio
pylon signage
Listing Agency:
KELLER WILLIAMS REALTY BLACK HILLS
Listed By:
GINA PLOOSTER · License #SD 16979
(605) 519-0749
Source:
Exprealty
Added: Aug 12
Changed: Nov 4
Last Checked: Nov 4 at 2:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY BLACK HILLS
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Investment Insights
Based on property information with market context.
This 2,000-square-foot end-cap suite is configured for restaurant or retail use, with an open dining or sales area and a rear kitchen and service zone. The drive-through setup includes a dedicated lane and service window. Two restrooms, storage, back-of-house space, and a 480-square-foot rear patio are also part of the suite. The kitchen area does not currently have a hood, cooler, or freezer. Building and pylon signage are available, and parking is shared across the center.
The property is in Dakota Market Square along E North St, near Cambell St. The corridor frontage carries 15,866 vehicles per day, according to the 2025 MPO figure.
The property is in Dakota Market Square along E North St, near Cambell St. The corridor frontage carries 15,866 vehicles per day, according to the 2025 MPO figure.
Key Highlights
- 2,000 SF end‑cap suite
- Dedicated drive‑through lane and service window
- 480 SF rear patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,184
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,680
$463.7K
Cap Rate 7%
$331,200
$331.2K
Cap Rate 9%
$257,600
$257.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$36.0K $18.00/SF
− Vacancy
−$2.9K −$1.44/SF
EGI
$33.1K $16.56/SF
− OpEx
−$9.9K −$4.97/SF
NOI
$23.2K $11.59/SF
Area
Pennington County, SD
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$463,680
Cap Rate 7%
$331,200
Cap Rate 9%
$257,600
Alternative Uses
Best Use
Specialty Retail
$362.6K
$317.3K – $423.0K
NOI $25,380 @ 7.0% cap · market cap 2,538,000.00%
Second Best
Retail
$331.2K
$289.8K – $386.4K
NOI $23,184 @ 7.0% cap · market cap 2,318,400.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
15,866 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
252k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 75%
Shops & Services 20%
Apparel 5%
McDonald's
Dining
44,877 visits/mo
0.2 miles
Taco Bell
Dining
23,343 visits/mo
0.1 miles
SONIC Drive In
Dining
15,526 visits/mo
0.3 miles
Burger King
Dining
15,128 visits/mo
0.0 miles
Popeyes Louisiana Kitchen
Dining
14,390 visits/mo
0.3 miles
Demographics for 57701, SD
46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - A dedicated service lane and window complement an open customer area and rear kitchen space.
Where is this drive through restaurant located?
The property is located at 1001 E North St Rapid City, SD.
What are key features of this property?
This property features: 2,000 SF end‑cap suite; Dedicated drive‑through lane and service window; 480 SF rear patio
