301 US-14, De Smet, SD 57231 (MLS# 21-72)


$1,396,293
301 US-14
De Smet, SD 57231
MLS# 21-72
9002 sqft


301 US-14, De Smet, SD 57231
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301 US-14, De Smet, SD 57231

Property Description
9,092sf, 15 yr absolute NNN lease, zero LL responsibilities. 3% rent increase in year 11 & offers 4 (5 yr) renew options, each with a10% increase. Corp guarantee on lease, year 1 NOI of $85,872, 6.15% cap rate. Three mile HH income of $64,929.

Details
None
Book Section: Commercial
House Number: 301
Realtor.COM Type: Commercial
Street Name: US-14
State/Province: SD
Postal Code: 57231
Area: Area Town
Total SqFt.: 9002
Country: US
Year Built: 2017
County: Kingsbury
Lot Size: ......
Contract Information
Current Price: $1,396,293
List Price: $1,396,293
For Sale/Lease: For Sale
Status Change Info
Status: Active
Property Features

Listing Office: Dakota Plains Real Estate & Development

Last Updated: January - 22 - 2021

Information deemed reliable but not guaranteed.

Monday 1st of March 2021 06:18 AM