1409 N K Ave | Sioux Falls, SD 57104
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1409 N K Ave
Sioux Falls, SD 57104
Power Drive Holdings Builidng · Industrial Property For Sale
PROPERTY FACTS
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built/Renovated | 1969/2003 |
| Building Class | C | Tenancy | Single |
| Lot Size | 4.04 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 15,760 SF | ||
| Zoning | I-1 Light Industrial | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 4.04 AC |
| Rentable Building Area | 15,760 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1969/2003 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | I-1 Light Industrial |
ABOUT 1409 N K AVE , SIOUX FALLS, SD 57104
Located along K Avenue with frontage on Delaware Street and Cherokee Street. Main building has office area and shop space with three (3) overhead doors. Storage building is not heated and has one 14’ overhead door. 2+ acres of fenced outdoor storage. Rail access via BNSF Railway. Power Drive Holdings will leaseback the property for 10-years. Contact Broker for lease details. Sale price represents a 7.91% cap rate. Additional ground lease income from Krier & Blain and Pinnacle Propane.
PROPERTY TAXES
| Parcel Number | 24598 | Improvements Assessment | $568,900 |
| Land Assessment | $434,200 | Total Assessment | $1,003,100 |
PROPERTY TAXES
Parcel Number
24598
Land Assessment
$434,200
Improvements Assessment
$568,900
Total Assessment
$1,003,100
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