7280 Freedom Ln | Summerset, SD 57718
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7280 Freedom Ln
Summerset, SD 57718
Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,800 SF
Building Class
B
Year Built/Renovated
1997/2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.41 AC
Parking
27 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
ABOUT 7280 FREEDOM LN , SUMMERSET, SD 57718
Former Wells Fargo Bank Building moved from Black Hawk to the current location in 2017. Completely Renovated by the current Tenant. Open for business February 2018. Tenant has 4.5 years remaining on the existing lease with annual escalation clause. Thru Sept 30, 2018 $1,200 / mo. NNN Oct 1, 2018 to Sep 30, 2019 $1,300 / mo NNN Oct 1, 2019 to Sep 30, 2020 $1,400 / mo NNN Oct 1, 2020 to Sep 30 2022 $1,500 / mo NNN
PROPERTY TAXES
| Parcel Number | 0C.51.08.0A | Improvements Assessment | $2,367,848 |
| Land Assessment | $415,073 | Total Assessment | $2,782,921 |
PROPERTY TAXES
Parcel Number
0C.51.08.0A
Land Assessment
$415,073
Improvements Assessment
$2,367,848
Total Assessment
$2,782,921
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