For Sale
$300,000

815 Gtwy Ln Tea, SD 57064

Established coffee bar, high growth potential.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
Zooks Coffee Bar, a well-established coffee shop located at 815 Gateway Ln, Tea, SD 57064, is available for purchase for $300,000. This Class A business occupies a 1,500 square foot retail space with a convenient drive-up window, ensuring high visibility and accessibility for customers. The lease is a gross lease with rent bumps included and expires September 30, 2028, providing a remaining lease term of approximately 3.9 years. The sale includes all existing furniture, fixtures, and equipment (FF&E), as well as the current product inventory, allowing for a seamless transition for the new owner. Situated in the rapidly growing community of Tea, South Dakota, within Lincoln County, Zooks Coffee Bar benefits from a loyal customer base and a prime location that attracts significant drive-by traffic. This presents a unique opportunity for an individual to acquire a profitable, established business with considerable potential for expansion and success within the thriving retail market of Tea. The high visibility and strategic positioning make this a truly exceptional opportunity for a new owner to build upon the existing success and further develop the business.

Property Details for 815 Gtwy Ln

Property type
Commercial real estate
Class
A

Location Insight

City
Tea
County
Lincoln
State
South Dakota
Latitude
43.4588867
Longitude
-96.8246576

FAQs

What type of property is this?
Commercial real estate - Established coffee bar, high growth potential.
Where is the commercial real estate located?
The property is located at 815 Gtwy Ln Tea, SD.
What is the asking price?
The asking price for this property is $300,000.
How can I contact the broker?
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815 Gtwy Ln
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