207 E Highway 18 - Freestanding FOR SALE


Gregory, SD 57533
$999,750 USD
310-980-5379
207 E Highway 18, Gregory, SD for Sale
$999,750 USD
Freestanding - FOR SALE
1/1
null | 8% Cap Rate

207 E Highway 18
Gregory, SD 57533


HIGHLIGHTS

  • Build-to-suit construction in 2014
  • Approx. 4.5 years remaining on the lease term, that expires on July 31, 2029
  • Four (4) 5-Year Options to renew at a 10% increase
  • Double Net (NN) Landlord responsible for Roof & Structure
  • The site is situated along the main Highway in Gregory, SD
  • Gregory is home to a modest population, offering a quiet and close-knit community atmosphere

OVERVIEW

Offered at $999,750 at an 8.00% Cap Rate, this Dollar General has been operating and serving the community at this site since 2014. It is a classic 9,100 sq. ft. structure with more than ample parking on an extremely large lot that is approx. 1.59 acres. This site is just blocks away from S. Main Street that is the central thoroughfare in Gregory. Location Overview Gregory, South Dakota, is a small city located in the southeastern part of Gregory County in the south-central region of the state. It is close to the Missouri River that provides significant geographical and recreational features in the region. It is situated in an area known for its rolling plains and agricultural landscapes. This Dollar General store is the main essential goods, discount, and variety store in the general area.

FOR SALE DETAILS

PRICE

$999,750 USD

PRICE/SF

$110 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2014

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,601 SF

ZONING

C1

APN/PARCEL ID

006398

ASK ABOUT THIS PROPERTY

Daniel MillerNAI CapitalMore Info
310-980-5379

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Daniel MillerNAI CapitalMore Info
310-980-5379

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