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2403 Broadway Ave
Yankton, SD 57078
DAIRY QUEEN GRILL & CHILL - YANKTON · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years & In Options!
  • Attractive 8.00% Rent to Sales Ratio with Sales Well Above the DQ National Average!
  • South Dakota’s Unemployment Rate at 2.9% - National Unemployment Rate at 6.2% (Bureau of Labor Statistics Feb 2021)
  • Fourteen Foods, LLC is a Multi-Unit Owner & Operator of Over 230 DQ Grill & Chill Restaurants & Dairy Queen Braziers in 13 States!
  • Great Visibility on Broadway Ave (Main North/South Thoroughfare in Yankton) in Dominant Retail Corridor where Traffic Counts Exceed 17,920 CPD!
  • 2020 DEMOGRAPHICS: Total Population (5-MI): 19,026 | Average Household Income (1-MI): $84,324

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
4,683 SF
Building Class
C
Year Built/Renovated
1978/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.92 AC
Zoning
C-2 - Commercial
Parking
65 Spaces (13.88 Spaces per 1,000 SF Leased)

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru
  • Monument Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
78.235.000.004
Land Assessment
$110,000
Improvements Assessment
$507,000
Total Assessment
$617,000
  • Listing ID: 22681649

  • Date on Market: 4/8/2021

  • Last Updated:

  • Address: 2403 Broadway Ave, Yankton, SD 57078

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