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301 US-14 9,002 SF Retail Building De Smet, SD 57231 $1,144,960 ($127.19/SF) 7.50% Cap Rate
Executive Summary
* Fantastic investment opportunity with zero landlord responsibilities.
* Corporate lease guaranty.
* Excellent option for 1031 Exchange.
* Corporate lease guaranty.
* Excellent option for 1031 Exchange.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
C
Year Built
2017
Price
$1,144,960
Price Per SF
$127.19
Cap Rate
7.50%
NOI
$85,872
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.00 AC
Zoning
CM
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 6131 | Improvements Assessment | $823,199 |
| Land Assessment | $17,679 | Total Assessment | $840,878 |
Property Taxes
Parcel Number
6131
Land Assessment
$17,679
Improvements Assessment
$823,199
Total Assessment
$840,878
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301 US-14
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