14307 Summit Rd - Storefront FOR SALE


Summit, SD 57266
$1,601,669 USD
513-300-0763
14307 Summit Rd, Summit, SD for Sale
$1,601,669 USD
Storefront - FOR SALE
1/2
null | 6.65% Cap Rate

14307 Summit Rd
Summit, SD 57266


OVERVIEW

New Construction | Build-to-Suit Dollar General. 14 Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years. Corporate Location | Corporate Guarantee.

FOR SALE DETAILS

PRICE

$1,601,669 USD

PRICE/SF

$152 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General | 2.50% Buyside Fee

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.94 AC

LAND SF

84,506 SF

ZONING

-

APN/PARCEL ID

15782

ASK ABOUT THIS PROPERTY

Brian BrockmanBang RealtyMore Info
513-300-0763

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Brian BrockmanBang RealtyMore Info
513-300-0763

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.