Yankton, SD - Arby's

Description:

• The tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their long-term commitment to this location
• The lease features 5% rental increases every 5 years throughout the initial term
• Founded in 1964, Arby’s is among the largest QSR sandwich chains with over 3,500 operating restaurants
• The site will be undergoing a remodel in 2025/2026
• Buyer benefits from no state income tax in South Dakota

• Arby’s is strategically located near the signalized, hard corner intersection of E 31st St and Broadway Ave averaging a combined 23,000 VPD
• The site is equipped with a double drive-thru, allowing the operator to maximize efficiency and productivity
• The subject property benefits from being an outparcel to a Walmart Supercenter, increasing consumer traffic in the trade area
• The asset is located in a dense retail corridor, with numerous nearby national/credit tenants including Walgreens, Dollar Tree, O’Reilly Auto Parts, Autozone, and many more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover store exposure to the site