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Single-Tenant NNN Restaurant Leasehold
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4407 E 10th St, Sioux Falls, SD 57103

DQ Grill & Chill operates on an absolute NNN lease with remaining term and scheduled 8% escalations every five years.

Property SizeContact for details
Lot Size0.94 Acres
Days on Market144

Property Features for 4407 E 10th St

General Information

Standard status Active
Lot size 0.94 Acres
Property subtype Retail

Additional Details

Traffic Count 37,960 vehicles/day
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #177814
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 14 at 7:58AM

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 Bang Realty

Investment Insights

Based on property information with market context.

This DQ Grill & Chill property is offered for sale as a single-tenant absolute NNN investment. The lease provides 14 years remaining on a 20-year absolute NNN term, with rental escalations of 8% every five years. The tenant listed is Fourteen Foods, LLC.

The site is situated on a 0.94-acre parcel just off a signalized intersection of E 10th St and S Sycamore Ave. Traffic counts are stated to exceed 37,960 CPD. The surrounding retail mix includes Walmart, Target, Costco, Sam’s Club, Scheels, Burlington, Kohl’s, Dick’s Sporting Goods, Marshalls, Ross Dress for Less, Home Depot, Lowe’s, Menards, Hobby Lobby, Duluth Trading Co., DSW, Barnes & Noble, PetSmart, Hy-Vee, ALDI, Dollar Tree, Ashley, Kirkland’s Home, Best Buy, and Cinemark.

The property is also described as being approximately 6 miles from Augustana University, 7½ miles from Southeast Technical College, and 4 miles from both Avera McKennan Hospital & University Health Center and Sanford USD Medical Center, with 5 miles to Royal C. Johnson VA Medical Center.

Key Highlights

  • DQ Grill & Chill operates on a 20‑year absolute NNN lease with 14 years remaining
  • Lease includes 8% rental escalations every 5 years
  • Tenant is Fourteen Foods, LLC, operator of 244 DQ Grill & Chill and Dairy Queen Braziers in 13 states

Property Analytics

Current Use

Dairy Queen Grill ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Nail Salon Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

37,960 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 19% Apparel 17% Dining 12%
Aldi Groceries
24,572 visits/mo 0.4 miles
Runnings Apparel
21,724 visits/mo 0.5 miles
Kum & Go Shops & Services
11,754 visits/mo 0.5 miles
Nyberg's Ace Home Improvements & Furnishings
11,296 visits/mo 0.2 miles
Dollar Tree Shops & Services
11,018 visits/mo 0.4 miles

Demographics for 57103, SD

36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - DQ Grill & Chill operates on an absolute NNN lease with remaining term and scheduled 8% escalations every five years.
Where is this nnn property located?
The property is located at 4407 E 10th St Sioux Falls, SD.
What are key features of this property?
This property features: DQ Grill & Chill operates on a 20‑year absolute NNN lease with 14 years remaining; Lease includes 8% rental escalations every 5 years; Tenant is Fourteen Foods, LLC, operator of 244 DQ Grill & Chill and Dairy Queen Braziers in 13 states
(888) 737-2264 Call to check price and availability
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