SEC E Cherry St & N Plum St | Vermillion, SD 57069
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SEC E Cherry St & N Plum St
Vermillion, SD 57069
Starbucks · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 10-Year Corporate-Guaranteed Lease with Starbucks (NASDAQ: SBUX)
- Rare Opportunity - Property is Located in an Opportunity Zone
- Easily Walkable Location Adjacent to 9,500+ College Students at the University of South Dakota
- New 2022 Construction with a Drive-Thru
- 7.5 Percent Rental Increases Every Five Years
- College Town Location with 18,608 Residents within the Surrounding Trade Area - Households Projected to Increase 8%+ within a One-Mile Radius by 2026
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,365 SF
Building Class
C
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.70 AC
Zoning
GB
PROPERTY TAXES
| Parcel Number | 15045-00100-010-00 | Improvements Assessment | $294,954 |
| Land Assessment | $76,999 | Total Assessment | $568,589 |
PROPERTY TAXES
Parcel Number
15045-00100-010-00
Land Assessment
$76,999
Improvements Assessment
$294,954
Total Assessment
$568,589
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