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1000 N Broadway Ave
Miller, SD 57362
DOLLAR GENERAL · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Long-Term Lease: 8 Years remaining on the original lease ending in August 2030, with Four (4), Five (5) year options.
  • Credit Tenant: Dollar General offers a Corporate Guaranty with an Investment Grade from S&P of BBB and Moody’s Baa2.
  • Strong Demographics: Average household income exceeding $83,665 within a 5-mile radius.
  • Rent Increases: 3% in 2025 and 10% in each option period, providing a hedge against inflation.
  • Income Tax-Free State: South Dakota is an Income Tax-Free State.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,026 SF
Building Class
B
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Zoning
Commercial
Frontage
170’ on Broadway Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
9461
Land Assessment
$20,521
Improvements Assessment
$723,223
Total Assessment
$743,744
  • Listing ID: 25545492

  • Date on Market: 4/25/2022

  • Last Updated:

  • Address: 1000 N Broadway Ave, Miller, SD 57362

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