4005 W 41st St Sioux Falls, SD
Call to check price and availability
20-year NNN lease with high-performing Chick-Fil-A.
Type:RETAIL
Property size:
4,995 SFLot size:
6.97 AcresPrice / SF:
$625/SF- Added:
- Jul 23, 2024
- Days on Market:
- 647
- Last Refresh:
- Apr 5 at 11:18 pm
Property Features for 4005 W 41st St
General Information
- Standard status
- Active
- Size
- 4,995 SF
- Lot size
- 6.97 Acres
- Property subtype
- RETAIL
Listing agent Raquel Blount, SIOR
Listing office Lloyd Companies - Corporate (605) 323-2820
Listing date Jul 23, 2024
Source Moodyscre
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 Lloyd Companies - Corporate
Overview
Chick-Fil-A Ground Lease Opportunity
This property features a 20-year NNN ground lease with 17 years remaining, along with five 5-year renewal options. The lease is corporate guaranteed by Chick-Fil-A, Inc. According to Placer.AI 2023 data, this Chick-Fil-A location ranks 82nd nationally in foot traffic, placing its performance in the top 95% percentile nationwide. Constructed in 2021, it features a Chick-Fil-A prototype design with 2 drive-thru lanes. The property is situated on the hard corner of a busy 4-way signalized intersection in South Dakota. It is located within a highly trafficked retail corridor, near Target, Walmart Supercenter, Sam’s Club, Hy-Vee, McDonald’s, Chase Bank, Walgreen’s, and Chipotle, among other national retailers. The site is adjacent to the north parking lot of The Empire Mall, a shopping destination in South Dakota. The property size is 4995 square feet.
Location Intelligence
Current Use by Public Records
Chick-fil-A
Take-out & Catering
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.7743
- Latitude
- 43.5116
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - 20-year NNN lease with high-performing Chick-Fil-A.
Where is this drive through restaurant located?
The property is located at 4005 W 41st St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Corporate guaranteed NNN ground lease with Chick‑Fil‑A, Inc.; High foot‑traffic location: ranks in the top 95% of Chick‑Fil‑A locations nationally.; Located on a hard corner of a high‑traffic intersection.
