200 E 8TH ST Sioux Falls SD 57103-7041

71 room Choice Brand 4 Story Hotel Downtown on the river

New Tenant: Ode to Food & Drink

Sales price: $9,250,000 at 9% Cap Rate, $130,000 per/key

• Fully equipped “turn-key” Restaurant and Bar

• Falls Landing Bar & Grill is located within Country Inn & Suites with two additional exterior entrances

• Falls Landing Bar & Grill caters to the hotel conference room

• Common area restrooms

• Capacity for 27 tap beers

• 3 (Future Software) POS Stations

• 1 ATM

• Interior remodeled in June of 2020

• Occupancy serves 80; current inside seating includes 4-top tables, three 6-top tables, two 8-top tables, and 11 seats at the bar

• Additional outdoor patio seating overlooking the Big Sioux River

• Sale includes a beer & wine license

• Sale includes FF&E

• Contact Broker for lease terms; lease includes electric and cable TV, tenant pays net rent plus gas in the kitchen

Prominently located downtown, just off the corner of Phillips & 8th Street. The subject site overlooks the Big Sioux River with patio views of the bike trail, the Arc of Dreams, Cherapa Place, and the Cathedral.