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550 E Disk Dr
Rapid City, SD 57701
IHOP Restaurant · Retail Property For Sale
PROPERTY FACTS
ABOUT 550 E DISK DR , RAPID CITY, SD 57701
New 15 year Absolute NNN sale leaseback. PEAK RESTAURANT PARTNERS: (TENANT SIGNING LEASE) Argonne formed Peak Restaurant Partners (PRP) in 2011 to acquire a group of IHOP restaurants located in Utah, California, Idaho, Montana,Wyoming, South Dakota and Colorado. To date, PRP operates 38 restaurants generating over $53 million in sales. The Company has exclusive development rights to many of the territories its restaurants are located and is looking to strategically grow its footprint and stronghold in these areas. Ideally positioned along the main retail corridor National retailers in close proximity include JCPenney, Lowe' s, Kohl' s, OfficeMax, Starbucks, Jo-Ann Fabrics, and Petsmart Over 21,900 vehicles per day along Haines Ave
PROPERTY TAXES
| Parcel Number | 0059779 | Improvements Assessment | $1,288,900 |
| Land Assessment | $740,500 | Total Assessment | $2,029,400 |
PROPERTY TAXES
