3820 W 41st Street, Sioux Falls, SD 57106

Listing office Lloyd Companies j***@lloydcompanies.com Show Phone

Listing date Jun 9, 2026

Source Crexi

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Overview

This two-building retail investment features a drive-thru Arby’s operated by DRM, Inc., along with an additional retail building occupied by Blazin Aces Smoke & Vape. The offering totals approximately 5,261 SF +/- of leased space across 1.03 acres +/-. The property is presented with established tenancy and long-term lease control tied to the Arby’s operator, providing an income-producing retail setup designed around both restaurant and general retail demand.

The buildings are positioned in one of Sioux Falls’ proven retail corridors, with a highly visible location near the Empire Shopping District. The combination of a drive-thru restaurant and a complementary retail tenant supports day-to-day convenience for surrounding shoppers.

For investors or buyers seeking in-place income, the current annual base income is $141,910, and the stated cap rate is 6.17%. The Arby’s lease also provides a structure that includes the potential for percentage rent, offering an additional lever beyond base rent while maintaining occupied, functioning retail operations through the existing tenants.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Sioux Falls

County

Lincoln

State

South Dakota

Longitude

-96.7737496

Latitude

43.5151984

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FAQs

What type of property is this?

Drive through restaurant - Two leased retail buildings anchored by a drive-thru Arby’s plus a second street-level tenant on 1.03 acres.

Where is this drive through restaurant located?

The property is located at 3820 W 41st Street Sioux Falls, SD.

What is the asking price?

The asking price for this property is $2,300,000.

What are key features of this property?

This property features: Two‑building retail investment with established tenancy and long‑term lease control from the Arby’s operator; Drive‑thru Arby’s operated by DRM, Inc. plus a second retail building occupied by Blazin Aces Smoke & Vape; Total 5,261 SF +/- of leased space across 1.03 acres +/-