1820-1824 5th Avenue, SD (MLS# 20-655)

1820-1824 5th Avenue
MLS# 20-655
12180 sqft

1820-1824 5th Avenue, SD
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1820-1824 5th Avenue, SD 1820-1824 5th Avenue, SD 1820-1824 5th Avenue, SD

Property Description
Two-tenant bldg, Family Dollar & Pizza Hut. FD has a Double Net lease while PH has an Absolute NNN lease. Located on Hwy 85, main arterial road. Cap rate of 8.5%, NOI of $82,282. Ideal opportunity for a 1031 exchange buyer or a ''passive investor''. Priced below replacement cost.

Book Section: Commercial
House Number: 1820-1824
Realtor.COM Type: Commercial
Street Name: 5th
Street Sfx: Avenue
State/Province: SD
Area: Area Town
Total SqFt.: 12180
Country: US
Year Built: 2005
Lot Size: 51923
Legal: Located in the City of Belle Fourche, Butte County, SD
Net Operating Income: 82282
Contract Information
Current Price: $968,024
List Price: $968,024
Terms: cash, new fin, 1031
For Sale/Lease: For Sale
Status Change Info
Status: Active
Property Features

Listing Office: Dakota Plains Real Estate & Development

Last Updated: October - 25 - 2020

Information deemed reliable but not guaranteed.

Monday 30th of November 2020 09:04 PM