Starbucks Investment | Mitchell, SD

The property is located along South Burr Street, one of Mitchell's primary commercial corridors, approximately half a mile north of Interstate 90. South Burr Street carries approximately 12,100 vehicles per day and provides convenient access to national retailers, restaurants, hotels, and service businesses. Nearby businesses include Walmart, Runnings, Circle K, and several national restaurant chains, attracting both local customers and interstate travelers. The surrounding trade area includes approximately 15,391 residents within three miles and a daytime population of 5,439 within one mile, supporting an established base of residential and employment activity.

• Single-tenant Starbucks investment property offered at $2,160,000 (5.5% cap rate)
• Freestanding retail building constructed in 2021
• Single-lane drive-thru with 8′-6″ clearance
• 480 SF outdoor concrete patio
• Well-lit surface parking lot with 37 stalls, including three dedicated mobile order spaces
• Starbucks attracted ~295,000 visits from 75,900 unique visitors over the past 12 months, averaging 3.89 visits per visitor (Placer.ai)
• Ranked 4 out of 21 Starbucks locations in South Dakota for annual visits (Placer.ai)
• South Burr Street attracts 12,100 vehicles per day
• Established commercial corridor serving Mitchell residents, regional visitors, and interstate travelers
• Surrounded by national retailers, restaurants, hotels, and service businesses, including Walmart, Runnings, and Circle K
• Three-mile population of approximately 15,391 residents
• Supportive demographics with a daytime population of 5,439 and MHHI of $74K (1-mile radius)
• Contact Broker to sign an NDA and request access to the full investment package, including lease details and financial information

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