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NNN Property with Double Drive-Through
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For Sale
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2527 9th Avenue SE, Watertown, SD 57201

The newly built 7 Brew site is subject to an absolute NNN ground lease and includes a double drive-through.

Property SizeContact for details
Lot Size0.72 Acres
Days on Market5

Property Features for 2527 9th Avenue SE

General Information

Standard status Active
Lot size 0.72 Acres
Property subtype Retail

Site & Location

Drive-Thru Yes
Highway Access Yes
Road Access Yes
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #BRK.200900214
Source: Crexi
Added: Sep 23 Changed: Sep 26 Last Checked: Sep 26 at 2:50PM

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.

A new 7 Brew location occupies approximately 0.72 acres at 2527 9th Avenue SE. The build-to-suit site features a double drive-through with stacking for 29 vehicles and opened in June 2026. The property conveys ownership of the underlying land and is subject to a 15-year absolute NNN ground lease, with 10.0% rent escalations every 5 years.

The site fronts 9th Avenue SE, identified as a primary east-west corridor, with reported traffic of more than 15,430 vehicles per day. I-29 is less than 1 mile west, with traffic counts of 9,886 vehicles per day. Walmart is across the street, and Lake Area Technical College is less than 2 miles away.

Key Highlights

  • New 7 Brew build‑to‑suit site opened in June 2026
  • 15‑year absolute NNN ground lease conveys ownership of the underlying land
  • Rent escalations of 10.0% every 5 years

Property Analytics

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Current Use

Coffee shops

Suggested Use

Top Pick HVAC Service Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Catering Service

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby
198k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 39% Dining 24% Shops & Services 14% Groceries 9%
Walmart Superstores
76,646 visits/mo 0.4 miles
Hobby Lobby Shops & Services
21,238 visits/mo 0.4 miles
Culver's Dining
20,336 visits/mo 0.1 miles
Aldi Groceries
18,431 visits/mo 0.3 miles
Qdoba Mexican Grill Dining
9,694 visits/mo 0.3 miles

Demographics for 57201, SD

26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - The newly built 7 Brew site is subject to an absolute NNN ground lease and includes a double drive-through.
Where is this nnn property located?
The property is located at 2527 9th Avenue SE Watertown, SD.
What is the asking price?
The asking price for this property is $1,282,000.
What are key features of this property?
This property features: New 7 Brew build‑to‑suit site opened in June 2026; 15‑year absolute NNN ground lease conveys ownership of the underlying land; Rent escalations of 10.0% every 5 years
(888) 737-2264 Call to check price and availability
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