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QSR Investment 1461 6th St 1,100 SF Retail Building Brookings, SD 57006 $915,000 ($831.82/SF) 6% Cap Rate
Executive Summary
Rare investment opportunity on the highly sought-after 6th Street corridor in Brookings, SD, home to SDSU and several large employers. The site is located next to McDonald’s at the 6th & Jackrabbit intersection, 1.5 blocks from campus.
Size:
Building: 1,100 sqft
Land: 17,048 sqft
Price: $915,000 (6% cap)
Layout: The building is built out for Tropical Smoothie Café tenant, who leases the entire property.
Traffic:
6th Street: 15,000 vpd
Interstate 29: 15,010 vpd
Area Tenants: SDSU, McDonald’s, HillCrest Aquatics Center, Pizza Ranch, Burger King, Buffalo Wild Wings, Arby’s, Subway, Starbucks, Jimmy John’s, & many more!
Size:
Building: 1,100 sqft
Land: 17,048 sqft
Price: $915,000 (6% cap)
Layout: The building is built out for Tropical Smoothie Café tenant, who leases the entire property.
Traffic:
6th Street: 15,000 vpd
Interstate 29: 15,010 vpd
Area Tenants: SDSU, McDonald’s, HillCrest Aquatics Center, Pizza Ranch, Burger King, Buffalo Wild Wings, Arby’s, Subway, Starbucks, Jimmy John’s, & many more!
Property Facts
Sale Type
Investment
Property Type
Building Size
1,100 SF
Building Class
C
Year Built/Renovated
1948/2009
Price
$915,000
Price Per SF
$831.82
Cap Rate
6%
NOI
$54,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
B-2
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- -
Tropical Smoothie Cafe began in 1997 when founders discovered Jamaican smoothies on vacation. The original Florida location served smoothies and wraps before expanding nationwide. Today the company operates numerous locations across the United States, offering a menu built around better-for-you items like smoothies, breakfast bowls, toasts, and sandwiches. Their product lineup includes both classic and seasonal options made with quality ingredients.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | - |
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (72)
Nearby Major Retailers
1 of 7
Videos
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QSR Investment | 1461 6th St
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