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Highlights

  • Positioned on a signalized hard corner with exceptional traffic exposure.
  • Pylon signage available for enhanced brand visibility and drive-by recognition.
  • Part of Watertown’s core retail trade area with recently developed shopping centers nearby.
  • Located just east of Highway 212 and Highway 81 intersection, ensuring prime accessibility.
  • Surrounded by established national and regional co-tenants, including Walgreens and Ace Hardware.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,154 SF
  • Negotiable
  • $16.00 /SF/YR $1.33 /SF/MO $50,464 /YR $4,205 /MO
  • Triple Net (NNN)
Space Use
Retail
Availability
30 Days

This retail opportunity is located on a highly visible, signalized hard corner along 9th Avenue SE, considered one of the most desirable positions in Watertown’s primary retail corridor. The site offers prominent access to both the city and surrounding Watertown MSA and is situated just east of the intersection of Highway 212 and Highway 81, providing outstanding connectivity and exposure to strong daily traffic counts exceeding 17,000 vehicles per day. The property benefits from proximity to a dynamic mix of national and regional retailers including Walgreens, Nyberg’s Ace Hardware, Mattress Firm, and Sioux Valley Coop Credit Union. Additionally, the corner site allows for pylon signage opportunities, which further enhances visibility for tenants. Recent retail developments in the surrounding area underscore the location’s long-term growth and stability.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 3,154 SF Negotiable $16.00 /SF/YR $1.33 /SF/MO $50,464 /YR $4,205 /MO Triple Net (NNN)

1st Floor

Size
3,154 SF
Term
Negotiable
Rental Rate
$16.00 /SF/YR $1.33 /SF/MO $50,464 /YR $4,205 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Availability
30 Days

This retail opportunity is located on a highly visible, signalized hard corner along 9th Avenue SE, considered one of the most desirable positions in Watertown’s primary retail corridor. The site offers prominent access to both the city and surrounding Watertown MSA and is situated just east of the intersection of Highway 212 and Highway 81, providing outstanding connectivity and exposure to strong daily traffic counts exceeding 17,000 vehicles per day. The property benefits from proximity to a dynamic mix of national and regional retailers including Walgreens, Nyberg’s Ace Hardware, Mattress Firm, and Sioux Valley Coop Credit Union. Additionally, the corner site allows for pylon signage opportunities, which further enhances visibility for tenants. Recent retail developments in the surrounding area underscore the location’s long-term growth and stability.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Select Tenants at 710 9th Ave SE, Watertown, SD 57201

  • Tenant
  • Description
  • US Locations
  • Reach
  • Ace Hardware
  • Hardware
  • 4,582
  • International
  • Dr. Michael J Johnson
  • -
  • 1
  • -
  • Shopko Watertown Sd Optical Center
  • Optical
  • 1
  • -
  • Studio 212 Entertainment Venue
  • -
  • 1
  • -
  • UPS
  • Business/Copy/Postal Services
  • 7,943
  • International
Tenant Description US Locations Reach
Ace Hardware Hardware 4,582 International
Dr. Michael J Johnson - 1 -
Shopko Watertown Sd Optical Center Optical 1 -
Studio 212 Entertainment Venue - 1 -
UPS Business/Copy/Postal Services 7,943 International

Property Facts

Total Space Available 3,154 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 66,777 SF
Year Built 1985
Parking Ratio 5.99/1,000 SF

About the Property

The property is located along 9th Avenue SE in Watertown, South Dakota, near the Highway 212 and Highway 81 intersection. It is positioned with frontage on a signalized corner within a developed retail corridor. Surrounding properties include retail stores, dining establishments, and financial institutions. Traffic counts in the immediate area exceed 17,000 vehicles per day. Nearby national and regional retailers include Walgreens, Ace Hardware, Mattress Firm, and Sioux Valley Coop Credit Union.

  • Pylon Sign
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

CrossFit
Caribou Coffee
First Bank & Trust
Perkins
Planet Fitness
Scooter's Coffee
Hy-Vee
Anytime Fitness
  • Listing ID: 40402357

  • Date on Market: 5/5/2026

  • Last Updated:

  • Address: 710 9th Ave SE, Watertown, SD 57201

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