2106 N Maple Ave
Rapid City, SD 57701
Texas Roadhouse · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recently executed lease extension through September 2032
- 10% rental escalations every five years
- Positioned on an outparcel to Uptown Rapid, formerly Rushmore Mall – a 831,000 SF regional shopping center that experiences over 4,000,000 visitors
- Triple net ground lease
- Texas Roadhouse has been operating at this location since 2011
- Uptown Rapid was recently acquired by Rockstep Capital who plans to rejuvenate the property by adding uses other than retail to the mix
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,850 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.18 AC
Parking
30 Spaces (4.38 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 2130151005 | Improvements Assessment | $1,185,200 |
| Land Assessment | $205,600 | Total Assessment | $1,390,800 |
