4005 W 41st St, Sioux Falls, SD

Listing agent Raquel Blount, SIOR

Listing office Lloyd Companies - Corporate Show Phone

Listing date Jul 23, 2024

Source Moodyscre

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 Lloyd Companies - Corporate

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Overview

This property features a 20-year NNN ground lease with 17 years remaining, along with five 5-year renewal options. The lease is corporate guaranteed by Chick-Fil-A, Inc. According to Placer.AI 2023 data, this Chick-Fil-A location ranks 82nd nationally in foot traffic, placing its performance in the top 95% percentile nationwide. Constructed in 2021, it features a Chick-Fil-A prototype design with 2 drive-thru lanes. The property is situated on the hard corner of a busy 4-way signalized intersection in South Dakota. It is located within a highly trafficked retail corridor, near Target, Walmart Supercenter, Sam’s Club, Hy-Vee, McDonald’s, Chase Bank, Walgreen’s, and Chipotle, among other national retailers. The site is adjacent to the north parking lot of The Empire Mall, a shopping destination in South Dakota. The property size is 4995 square feet.

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

-96.7743

Latitude

43.5116

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FAQs

What type of property is this?

Drive through restaurant - 20-year NNN lease with high-performing Chick-Fil-A.

Where is this drive through restaurant located?

The property is located at 4005 W 41st St Sioux Falls, SD.

What is the asking price?

The asking price for this property is $3,125,000.

What are key features of this property?

This property features: Corporate guaranteed NNN ground lease with Chick‑Fil‑A, Inc.; High foot‑traffic location: ranks in the top 95% of Chick‑Fil‑A locations nationally.; Located on a hard corner of a high‑traffic intersection.