301 W 4th St | Dell Rapids, SD 57022
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- LoopNet Team
301 W 4th St
Dell Rapids, SD 57022
Dollar General | 6.75% Cap | 10-Year Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand new 2020 retrofit construction for Dollar General (Rent commencement of 6/7/2020)
- Tenant pays an additional $450 / month as their contribution towards Parking Lot Maintenance
- 5-Mile population of 6,401 residents
- 10-Year NN+ lease (minimal landlord responsibilities)
- Attractive 6.75% cap rate for a stabilized investment
- Average household income of $91,444 annually
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
8,026 SF
Year Built
2020
Building Height
1 Story
Building FAR
0.21
Lot Size
0.89 AC
Frontage
96’ on 4th St
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 22525 | Improvements Assessment | $452,300 |
| Land Assessment | $127,500 | Total Assessment | $579,800 |
PROPERTY TAXES
Parcel Number
22525
Land Assessment
$127,500
Improvements Assessment
$452,300
Total Assessment
$579,800
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