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    OFF-MARKET
    Drive through restaurants

    2400 Mt Rushmore Rd, Rapid City, SD 57701-5447

    3,466 SF 0.46 ac lot Built 2001
    Individually Owned Free & Clear
    Property ID
    US79-0412285
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 3,720-square-foot, single-story, free-standing building situated on a substantial 34,848-square-foot lot in Rapid City, South Dakota. Built in 2001, the property boasts a highly desirable drive-thru configuration, perfectly suited for quick-service restaurant operations. Located at 2400 Mt Rushmore Rd, zip code 57701, this property benefits from exceptional visibility and high traffic counts, averaging 24,000 vehicles daily. The building has served as an Arby's restaurant for two decades, demonstrating its strong potential for continued success in this prime location. The property's strategic placement within a vibrant commercial area is further enhanced by the proximity of other major national tenants, including McDonald's, Sonic, Perkins, and Safeway, creating a synergistic environment and attracting significant consumer traffic. The asking price is $1,200,000, translating to $322.58 per square foot. This represents a compelling investment opportunity in a thriving market. The property is currently vacant and ready for immediate occupancy or lease.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2001
    Total area 3,466 SF
    Lot 0.46 ac (20,038 SF)
    APN 37-12-152-007
    UPID US79-0412285
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arby's Restaurant Take-out & Catering
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Blend (final) Blend
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    Owner & transaction history
    JAMES THORP
    JAMES THORP
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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