Leased Building / Investment Opportunity

Office for Sale
Catylist Listing ID: 30267419
Property Subtypes: Office Building
Building Size (RSF): 11,376 SF
Gross Land Area: 55,949 SF
Sale Price: $2,302,403
Unit Price: $202.39 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Last Updated: 5/4/2018

Overview / Comments

Master building lease with options to renew
NNN lease - Tenant pays taxes and all building expenses
Vestibule area with men's and women's restrooms.
Bank tenant area includes six private offices, conference room, lounge/break room, work room, teller area/safe deposit room and lobby
Three drive-through lanes with 40' x 50' canopy
Subtenants include Envision Eye Care and BeMobile

Current Tenants

Tenant Business Name Great Western Bank
Is Renting? Yes
Tenant Notes Subtenants include Envision Eye Care and BeMobile

Additional Details

Nearest MSA: Mitchell
County: Davison
Zoning: HB - HIGHWAY BUSINESS
Property Visibility: Excellent
Highway Access: SD Hwy 37
Site Description: Attractive landscaping, paved parking, site lighting, enclosed trash area and signage
Area Description: Central location with excellent visibility and access on high traffic corner of Havens & Burr Neighbors include Walgreens, Pizza Hut, United Blood Services, Chef Louie's Steakhouse and Iverson Chrysler
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2006
Parking Type: Surface
Parking Description: Paved parking Site lighting
Zoning Description: Highway Business
Legal Description: Contact Agent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,716 12,597 17,440
Median Age: 29.58 36.15 38.36
Households: 1,975 5,338 7,518
The information presented herein is provided as is, without warranty of any kind. Neither Catylist nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.