This Retail Property is Off-Market.

2515 W. 10th St.
Sioux Falls, SD 57104 ·

8,200 SF · Retail For Sale

N/A

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Grand Enterprises Property - 2515 W. 10th St.

Price N/A Cap Rate 10.22%
Building Size 8,200 SF Occupancy 100%
Property Type Retail Tenancy Multiple
Property Sub-type
Free Standing Bldg
More...
  • Retail (Other)
Year Built 2002
Property Use Type Net Lease Investment with 3 years left on lease Lot Size 33,292 SF
Listing ID: 15537554 Date Created: 01/29/2008 Last Updated: 01/06/2009

Description

Retail strip center 100% occupied by two tenants: Curves and First National Pawn. Tenants reimburse all expenses related to property taxes, property insurance, and maintenance and operating costs. No deferred maintenance. Rental income yields a 10.22% capitalization rate.

Located near 12th St. & Kiwanis Ave.

Highlights

  • 12th & Kiwanis combined average daily traffic count is 40,100 vpd (2007.
  • Neighbors include Dollar General, Nyberg's Ace Hardware, KFC, Godfather's Pizza, Rent-A-Center, Walgreen's, Lewis Drug and Sunshine Foods.

Research

2515 W. 10th St., Sioux Falls, SD 57104 (Minnehaha County)

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