Ground-Leased Texas Roadhouse
For Sale
Contact for pricing
2106 N Maple Ave, Rapid City, SD 57701
Single-tenant Texas Roadhouse is offered on a triple-net ground lease with zero landlord responsibilities through September 2032.
Property Size6,160 SF
Days on Market144
Property Features for 2106 N Maple Ave
General Information
Standard status
Active
Size
6,160 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
34,318 vehicles/day
Highway Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 6:24AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant property consists of a ground-leased Texas Roadhouse restaurant building with 6,160 square feet. The ground lease is triple net and includes zero landlord responsibilities. Texas Roadhouse has operated at the location since 2011, and the tenant has executed a lease extension through September 2032. The lease includes 10% rental escalations every five years.
The restaurant is situated just off Interstate 90, with 34,318 VPD noted for the corridor, and is positioned on an outparcel to Uptown Rapid, formerly Rushmore Mall, a 831,000 SF regional shopping center that reportedly sees over 4,000,000 visitors each year. Uptown Rapid is the only enclosed shopping mall within 250 miles and was recently acquired by Rockstep Capital, which is rejuvenating the property by adding uses other than retail.
The surrounding retail corridor includes Lowe’s Home Improvement, PetSmart, Ashley HomeStore, Fleet Farm, Best Buy, Kohl’s, AMC Theaters, and Hobby Lobby. The property is listed for sale at 2106 N Maple Ave, Rapid City, South Dakota.
The restaurant is situated just off Interstate 90, with 34,318 VPD noted for the corridor, and is positioned on an outparcel to Uptown Rapid, formerly Rushmore Mall, a 831,000 SF regional shopping center that reportedly sees over 4,000,000 visitors each year. Uptown Rapid is the only enclosed shopping mall within 250 miles and was recently acquired by Rockstep Capital, which is rejuvenating the property by adding uses other than retail.
The surrounding retail corridor includes Lowe’s Home Improvement, PetSmart, Ashley HomeStore, Fleet Farm, Best Buy, Kohl’s, AMC Theaters, and Hobby Lobby. The property is listed for sale at 2106 N Maple Ave, Rapid City, South Dakota.
Key Highlights
- Single‑tenant Texas Roadhouse on a triple‑net ground lease with zero landlord responsibilities.
- Texas Roadhouse has operated at this Rapid City location since 2011.
- New lease extension through September 2032; includes 10% rental escalations every five years.
Property Analytics
Property Profile
Current Use
Lease Details
34,318 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
224k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Shops & Services 30%
Apparel 14%
Home Improvements & Furnishings 8%
Hobby Lobby
Shops & Services
50,145 visits/mo
0.3 miles
Texas Roadhouse
Dining
35,737 visits/mo
0.0 miles
Olive Garden
Dining
29,972 visits/mo
0.2 miles
JCPenney
Apparel
27,674 visits/mo
0.2 miles
At Home
Home Improvements & Furnishings
17,053 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Single-tenant Texas Roadhouse is offered on a triple-net ground lease with zero landlord responsibilities through September 2032.
Where is this conventional restaurant located?
The property is located at 2106 N Maple Ave Rapid City, SD.
What are key features of this property?
This property features: Single‑tenant Texas Roadhouse on a triple‑net ground lease with zero landlord responsibilities.; Texas Roadhouse has operated at this Rapid City location since 2011.; New lease extension through September 2032; includes 10% rental escalations every five years.
