2400 Mt Rushmore Rd, Rapid City, SD 57701-5447
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.
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Arby's Restaurant Take-out & Catering
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.