El Agave Mexican Restaurant Opens in Former Casa del Rey Location in Sioux Falls

El Agave Mexican Restaurant Opens in Former Casa del Rey Location in Sioux Falls

Real Estate

A longtime Sioux Falls restaurant property has welcomed a new tenant! El Agave Mexican Restaurant is now open at 901 W. Russell Street, bringing new life to the former Casa del Rey building.

Owned by Martin and Elle Leon and their cousin Oscar, El Agave marks the family’s expansion into the Sioux Falls market, building on their restaurant experience in Marshall, Minnesota. The restaurant offers an extensive menu of more than 200 items, daily specials and a full bar, with a focus on quality food and affordable dining.

The former Casa del Rey property presented an attractive opportunity for the restaurant’s expansion. With an existing commercial kitchen, established dining areas and an extensive furniture, fixtures and equipment (FF&E) package, the space offered a turnkey solution that allowed the new operators to capitalize on existing infrastructure.

The transaction highlights the value of repositioning established commercial properties to accommodate new businesses. By welcoming El Agave, the property continues its longstanding use as a dining destination while supporting the growth of Sioux Falls’ restaurant community.

Scott Blount and Alexis Mahlen of Lloyd Commercial Real Estate represented both the tenant and landlord in the transaction.

Alexis Mahlen and Scott Blount with El Agave OwnersCongratulations to the El Agave team on their opening! We wish them continued success as they establish their presence in Sioux Falls.