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314 S Henry St 8,900 SF 100% Leased Office Building Pierre, SD 57501 $595,000 ($66.85/SF) 9.19% Cap Rate
Investment Highlights
- Fully leased office building - investment opportunity
- South suite has 3 private offices and a large open work area with private restrooms and storage
- Additions built in 1990 and 2003
- North suite offers ample private offices and open work areas along with storage and private restrooms
- Parking lot on the southwest side of the building (separate parcel) is included - 324 S. Henry Street
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
8,900 SF
Building Class
C
Year Built
1969
Price
$595,000
Price Per SF
$66.85
Cap Rate
9.19%
NOI
$54,681
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,900 SF
Building FAR
0.53
Lot Size
0.39 AC
Parking
8 Spaces (0.9 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
1 1
Fairly walkable
40/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 4818 | Improvements Assessment | $629,175 |
| Land Assessment | $155,854 | Total Assessment | $785,029 |
Property Taxes
Parcel Number
4818
Land Assessment
$155,854
Improvements Assessment
$629,175
Total Assessment
$785,029
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