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1110 E Cherry St 1,025 SF of Retail Space Available in Vermillion, SD 57069
Highlights
- Traffic counts of 9,900 VPD along East Cherry Street
- Building & monument signage available
- Neighboring tenants include Casey’s, Family Dollar, Subway, Anytime Fitness, Starbucks, and much more
- Class A building with co-tenants First Dakota National Bank and Midco
- Large parking lot with ample stalls
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1110 | 1,025 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Plus All Utilities |
1st Floor, Ste 1110
Floor plan offers a service counter, food-prep and kitchen space, spacious dining area, and dedicated drive-thru service area; common area restrooms.
- Listed lease rate plus proportional share of utilities
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Existing drive-thru menu board in place
- Outdoor patio provides additional customer seating
- Existing dining room and patio furnishings include
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 1110 E Cherry St, Vermillion, SD 57069
- Tenant
- Description
- US Locations
- Reach
- First Dakota National Bank
- Bank
- 4
- Local
| Tenant | Description | US Locations | Reach |
| First Dakota National Bank | Bank | 4 | Local |
Property Facts
| Total Space Available | 1,025 SF | Gross Leasable Area | 16,990 SF |
| Property Type | Retail | Year Built | 2016 |
| Total Space Available | 1,025 SF |
| Property Type | Retail |
| Gross Leasable Area | 16,990 SF |
| Year Built | 2016 |
About the Property
Prime retail space located along East Cherry Street in Vermillion, South Dakota. East Cherry Street acts as the main corridor through the community, running through the University of South Dakota. This site benefits from a strong community draw, anchored by First Dakota National Bank and surrounded by strong neighboring businesses.
Nearby Major Retailers
