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615 S Washington
Madison, SD 57042
Dollar General · Retail Property For Sale
PROPERTY FACTS
ABOUT 615 S WASHINGTON , MADISON, SD 57042
The Subject Property is a 9,014 SQ FT Dollar General located in Madison, South Dakota. Dollar General has been a staple in the town since 2007, and is showing commitment to the location through a recent extension to the lease, which expires August 31, 2022. The Tenant is responsible for 100 percent of the expenses related to property taxes, insurance, and snow removal, and pays a fixed parking lot maintenance fee. It is the only Dollar Store in Town and the next closest is over 30 miles away. The subject property is located on the main thoroughfare and is less than one and a half miles from Dakota State University and Madison Middle/High School. With no nearby competition, this is a unique opportunity to acquire an investment with a high return and a strong corporate guarantee.
PROPERTY TAXES
| Parcel Number | 21760-00000-020-30 | Improvements Assessment | $386,900 |
| Land Assessment | $84,800 | Total Assessment | $471,700 |
PROPERTY TAXES
