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2527 9Th Ave SE
Watertown, SD 57201

$1,282,000 USD

Fast Food For Sale  •  462 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 510 SF
  • Lot Size 0.72 AC
  • Building Class B
  • Year Built 2026
  • Cap Rate 5.85 %
  • Zoning C
40 Walk Score

Highlights

BRAND NEW ABSOLUTE NNN GROUND LEASE: Brand new 15-year Absolute NNN Ground lease (conveying ownership - underlying ground only)
TENANT: High Plains Brew, LLC owns & operates 15 locations in Nebraska, Iowa and Eastern South Dakota.
Tenant has significant expansion plans and has a signed development agreement for 30+ additional locations throughout the High Plains states
The operator also became the first Freddy’s franchisee in 2004 and continues to grow their footprint with 26 current locations
STRONG SALES | NEW CONSTRUCTION: New, build-to-suit construction of 7 Brew’s newest prototype with an impressive 29-car stack double drive thru
TRAFFIC COUNTS: Positioned on a ±0.72-acre lot, with excellent visibility/access on 9th Ave SE (main east/west corridor)

Property Flyers

Cap Rate: 5.85 %

Major Tenants

Tenant SF Occupied Lease End Date
7 Brew Coffee 6/30/2041
Brian Brockman 513-300-0763 Bang Realty, Inc
Brian Brockman 513-300-0763 Bang Realty, Inc