4407 E 10th St Sioux Falls, SD 57103

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Listed by Brian Brockman · License #BR691523000

Source Crexi

Added: Apr 11 Updated: Jul 22 at 9:33PM Checked: Jul 22 at 9:33PM

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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

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FAQs

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