2244 University Ave | Hot Springs, SD 57747
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- LoopNet Team
2244 University Ave
Hot Springs, SD 57747
Family Dollar · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Recent Extension – Family Dollar just exercised another renewal option to extend early.
- Strong Sales – Family Dollar has a strong rent to sales ratio, demonstrating its value for goods and services in the area.
- Net Lease – This lease requires minimal landlord responsibilities, making it ideal for investors seeking more passive income.
- Long-Term Operational Success – Family Dollar has operated at this site for nearly 20 years, and has extended the lease term multiple times
- Strategic Location – This property sits on an oversized parcel with value-add potential on a main thoroughfare ±0.5 miles up the road from Hot Springs
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,401 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.36 AC
PROPERTY TAXES
| Parcel Number | 75330-00700-013-00 | Improvements Assessment | $583,452 |
| Land Assessment | $213,463 | Total Assessment | $796,915 |
PROPERTY TAXES
Parcel Number
75330-00700-013-00
Land Assessment
$213,463
Improvements Assessment
$583,452
Total Assessment
$796,915
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