QSR Investment
Brookings, SD 57006
Details
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!
Tenant Info: Tropical Smoothie Cafe is an American quick-serve restaurant chain offering a variety of fruit-based smoothies. The blended-to-order smoothies often feature tropical fruits such as mango, pineapple and coconut. The healthy-focused menu also includes wraps, sandwiches and salads.
Tropical Smoothie Cafe has over 1,600 locations nationwide, with five locations in South Dakota.
The Brookings, SD, location is owned by a multi-unit franchisee. They are less than halfway through their initial 10-year lease term, which includes annual rent increases along with renewal options.
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