Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Equipped Commercial Kitchen For Rent Title is generated by Realmo AI

    101 N Splitrock Boulevard, Brandon, SD 57005

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Move-in ready space with a massive, fully equipped commercial kitchen.

    Type:Retail
    Added:
    Apr 1, 2026
    Days on Market:
    67
    Last Refresh:
    Apr 1 at 11:46 am

    Property Features for 101 N Splitrock Boulevard

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Building Details

    Year Built
    2006

    Spaces For Lease

    at 101 N Splitrock Boulevard Contact us

    We can help!

    Listing Contact
    Gregg Brown, MBA, SIOR

    Listing agent Gregg Brown, MBA, SIOR

    Listing office

    Listing date Apr 1, 2026

    Source Naiglobal

    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 Gregg Brown, MBA, SIOR

    HighLights

    • Move‑in ready space ideal for a To Go restaurant concept.
    • Massive, fully equipped commercial kitchen for immediate operation.
    • Includes an 8’ x 6’5” Class I hood system.
    • Features a 3’ x 2’7” Class I hood system.
    • Walk‑in cooler (10’7” x 8’3”) included.
    • Walk‑in freezer (4’2” x 8’4”) included.

    Overview

    This property is ideal for a to-go restaurant concept and features a move-in ready space with a massive commercial kitchen fully equipped for immediate operation. Available for use throughout the lease term are the following: one 8’ x 6’5” Class I hood system, one 3’ x 2’7” Class I hood system, a walk-in cooler measuring 10’7” x 8’3”, a walk-in freezer measuring 4’2” x 8’4”, and a 7’3 compartment sink. The property is located at 101 N. Splitrock Boulevard, Brandon, SD 57005.
    Location Intelligence

    Current Use by Public Records

    McKinneyOlson Insurance Insurance Agency North Risk Partners Insurance Agency Taco John's Restaurant Verizon Mobile Phone Store The First National Bank ... Bank

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.5729663
    Latitude
    43.5941574

    Nearby Similar for Lease

    • $8 SF/Yr
      13,766 SF

      Industrial Space with Truck Shop Equipment

      Industrial space for lease with truck shop equipment and extra land.
      1015 9th Avenue, Brandon, SD 57005
      View Details
    • $22 SF/Yr
      4,058 SF

      New Retail Center Near I-90

      New retail center with flexible layout and drive-thru opportunity.
      1313 Ash St, Brandon, SD
      View Details
    • $7 SF/Yr
      22,500 SF

      Brandon Warehouse with Convenient Access

      Warehouse space with easy access to I-90 available for lease.
      605 E Willow St, Brandon, SD
      View Details
    • $17 SF/Yr
      1,831 SF

      Retail Center on Holly Boulevard

      Retail suites available in high-visibility Brandon location.
      1511-1517 W Holly Blvd, Brandon, SD
      View Details
    • $8 SF/Yr
      33,800 SF

      New Construction Industrial Warehouse Space

      New construction warehouse with convenient I-90 access for lease.
      1901 N Plum Ave, Brandon, SD
      View Details
    • Contact for pricing

      Shop Space Near Sioux Falls

      Open shop space available 4 miles east of Sioux Falls.
      26681 483rd Ave, Brandon, SD 57005
      View Details
    • Contact for pricing

      Equipped Commercial Kitchen in Brandon

      Move-in ready commercial kitchen space ideal for a to-go restaurant.
      101 N Splitrock Blvd, Brandon, SD 57005
      View Details
    • $9 SF/Yr

      Climate Controlled Warehouse with Docks

      Sioux Falls flex space with dock doors and parking.
      1800 Frontier St, Brandon, SD 57005
      View Details
    • $7 SF/Yr
      22,000 SF

      Industrial Space Near I-90

      22,000 SF warehouse/manufacturing space near North Splitrock Blvd.
      1117 E Ash St, Brandon, SD
      View Details

    FAQs

    What type of property is this?
    Commercial kitchen - Move-in ready space with a massive, fully equipped commercial kitchen.
    Where is this commercial kitchen located?
    The property is located at 101 N Splitrock Boulevard Brandon, SD.
    What are key features of this property?
    This property features: Move‑in ready space ideal for a To Go restaurant concept.; Massive, fully equipped commercial kitchen for immediate operation.; Includes an 8’ x 6’5” Class I hood system.
    (605) 906-0394
    We can help!
    Listing Contact
    Gregg Brown, MBA, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 N. Splitrock Boulevard, Brandon, SD 57005
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!