For Lease
$22/SF/YR

905 Spruce St Mitchell, SD 57301

4,920 SF Restaurant, Walmart-Anchored

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 4,920-square-foot restaurant space is ideally situated within the bustling Mitchell Towne Centre in Mitchell, South Dakota. Located at 905 E Spruce St, 57301, this single-tenant property benefits from a prime location at a signalized intersection, directly across from Walmart and Menards. The existing space features a well-designed layout suitable for a restaurant with dining and bar areas. The property boasts excellent visibility and accessibility, enhanced by its proximity to Interstate 90. This ensures high traffic volume and strong potential for customer reach. The strong co-tenancy includes national retailers such as Walmart, Menards, Cabela's, Dollar Tree, Cato Fashions, Hibbett Sports, Tokyo Japanese Cuisine, DaVita, Culver's, Hardee's, Kelly Inn, Corona Village Mexican Restaurant, and Tractor Supply Company. The lease is structured as a triple net (NNN) lease with a base rent of $22 per square foot, and an estimated NNN expense of $5.00 per square foot. This presents a compelling opportunity for restaurant operators seeking a high-traffic, established location in a thriving retail center within Davison County. The property is categorized as Retail and Restaurant.

Highlights

  • 4,920 SF restaurant space in Mitchell Towne Centre, Mitchell, SD.
  • Located at 905 E Spruce St, Mitchell, SD 57301, at a signalized intersection across from Walmart and Menards.
  • Features a well-designed layout with dining and bar areas.
  • Excellent visibility and accessibility, near Interstate 90.
  • Strong co-tenancy with national retailers including Walmart, Menards, and Cabela's.
  • NNN lease at $22/SF base rent, $5/SF estimated NNN expenses.

Property Details for 905 Spruce St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
4,920 SF

Unit(s) available at that property

Space
Size
4,920 SF
Rate per SF
$22

Location Insight

City
Mitchell
County
Davison
State
South Dakota
Latitude
43.686687168582
Longitude
-98.012019458217

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FAQs

What type of property is this?
Retail property - 4,920 SF Restaurant, Walmart-Anchored
Where is the retail property located?
The property is located at 905 Spruce St Mitchell, SD.
What is the lease rate?
The lease rate is $22/SF/YR.
What are key features of this property?
This property features: 4,920 SF restaurant space in Mitchell Towne Centre, Mitchell, SD.; Located at 905 E Spruce St, Mitchell, SD 57301, at a signalized intersection across from Walmart and Menards.; Features a well-designed layout with dining and bar areas.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Autumn Kaufhold
Autumn Kaufhold
Visit Broker Website

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Useful Information

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Spruce St
Mitchell, SD 57301

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Spruce St
Mitchell, SD 57301

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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905 Spruce St
  • Autumn Kaufhold
    Autumn Kaufhold
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