300 S Kiwanis Ave
Sioux Falls, SD 57104
KFC · Retail Property For Sale

The Sekulovski Group has been exclusively retained by ownership to sell the 100% fee simple interest in a KFC Restaurant. This property is located on a main east-west corridor in Sioux Falls, South Dakota, an income tax free state. This KFC has a 17 year NNN lease with 7.5% increases every 5 years, the next of which is in May of 2020. Sioux Falls is the largest city in South Dakota, and the county seat of Minnehaha, County. Sioux Falls is also the fasting growing metro area in the state, and one of the top 50 fastest growing cities in the United States. Sioux Falls was built around the quarrying and agriculture industries, but over the past half century the economy has diversified, and become more service based. Today, Sioux Falls is an important hub for the financial services, health care, and retail industries. This diversification, especially in the financial industry, is partially due to the lack of a state corporate income tax. Some financial companies with a presence in Sioux Falls include Wells Fargo, and Citi Group ,the 4th and 5th largest employers in the area respectively. Sioux Falls is a significant regional health care center. There are four major hospitals in Sioux Falls: SanfordHealth (formerly Sioux Valley), Avena McKennan Hospital, the South Dakota Veterans Affairs Hospital, and the Avera Heart Hospital of South Dakota. Sanford Health and Avera Health are the largest and second largest employers in the city, respectively. Sioux Falls is also home to the Great Planes Zoo, Wild Water West Waterpark, and the 123 acre Falls Park.