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Burger King - Aberdeen, SD 908 6th Ave SE 3,530 SF Retail Building Aberdeen, SD 57401 $1,852,819 ($524.88/SF) 6% Cap Rate
Investment Highlights
- This Burger King location benefits from strong personal guarantees from two experienced operators with a proven track record.
- The property features a ~12 year Absolute Triple Net (NNN) Lease, offering true passive income with zero landlord responsibilities, annual percentage
- Situated at 908 Sixth Avenue SE, this Burger King is positioned on one of Aberdeen’s main commercial corridors, benefiting from significant traffic.
- As part of the globally recognized Burger King brand, this location benefits from Burger King’s international market presence and customer loyalty.
- The Aberdeen area has a population of over 30,000 residents within a 5-mile radius, with an average household income of approximately $90,000.
- The property is located just minutes from Northern State University, which enrolls over 3,500 students, and Aberdeen Regional Airport, contributing.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 3,530 SF Burger King located at 908 6th Avenue Southeast in Aberdeen, SD. This deal includes an ~12 year Absolute Triple Net (NNN) Lease with annual percentage rent, strong dual personal guarantees, and zero landlord responsibilities. These guarantees provide a high level of security for investors, ensuring long-term stability and supporting a reliable investment.
In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker - Lic. #SD #15266 BoR: Scott Reid - Lic. SD #15266
In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker - Lic. #SD #15266 BoR: Scott Reid - Lic. SD #15266
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,530 SF
Building Class
C
Year Built/Renovated
1976/2012
Price
$1,852,819
Price Per SF
$524.88
Cap Rate
6%
NOI
$111,169
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.72 AC
Opportunity Zone
Yes
Zoning
Commercial, Brown
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Burger King
- Accommodation and Food Services
- 3,530 SF
- $31.49
- Dec 2037
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Burger King | Accommodation and Food Services | 3,530 SF | $31.49 | Dec 2037 |
Fairly walkable
50/100
Exceptionally drivable
100/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 16365 | Improvements Assessment | $324,452 |
| Land Assessment | $374,880 | Total Assessment | $699,332 |
Property Taxes
Parcel Number
16365
Land Assessment
$374,880
Improvements Assessment
$324,452
Total Assessment
$699,332
Contacts
-
Tyler McGarry -
Chase Martino -
Adam Scherr -
Sands Investment Group Santa Monica, LLC
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Burger King - Aberdeen, SD | 908 6th Ave SE
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