908 6th Ave SE - Fast Food FOR SALE
Aberdeen, SD 57401 |
$2,091,528 USD
310-558-2029
908 6th Ave SE
Aberdeen, SD 57401
HIGHLIGHTS
- This Burger King Location Benefits From Strong Personal Guarantees From Two Experienced Operators With a Proven Track Record
- As Part of The Globally Recognized Burger King Brand, This Location Benefits From Burger King's International Market Presence
- The Property Features a 13-Year Absolute NNN Lease, Offering True Passive Income With Zero Landlord Responsibilities
- Situated At 908 Sixth Avenue SE, This Burger King is Positioned on One of Aberdeen's Main Commercial Corridors
- The Property is Located Just Minutes From Northern State University, Which Enrolls Over 3,500 Students
- This Burger King is Surrounded By a Mix of National Retailers, Including Walmart, Target and Menards Etc.
OVERVIEW
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 a 13-Year Absolute NNN Lease With Annual Percentage Rent Increases, Strong Dual Personal Guarantees and Zero Landlord Responsibilities; These Guarantees Provide a High level of Security For Investors, Ensuring Long-Term Stability, Providing For a Secure Investment.
In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker - Lic. #SD #15266 BoR: Scott Reid - Lic. SD #15266
FOR SALE DETAILS
PRICE
$2,091,528 USD
PRICE/SF
$593 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Burger King - Aberdeen, SD
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1976
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.72 AC
LAND SF
31,363 SF
ZONING
Commercial, Brown
APN/PARCEL ID
16365
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310-558-2029
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310-558-2029
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