Retail Space /SD /Lincoln County /Canton /302 E 5th St
Retail Space /SD /Lincoln County /Canton /302 E 5th St

302 E 5th St - Freestanding FOR SALE


Canton, SD 57013 | 
$620,000 USD
605-782-1663
302 E 5th St, Canton, SD for Sale
$620,000 USD
Freestanding - FOR SALE
1/4
null | 6.97% Cap Rate
VIEW MAP
GET DIRECTIONS

302 E 5th St
Canton, SD 57013

VIEW MAP
GET DIRECTIONS

HIGHLIGHTS

  • Strong Corporate Credit
  • Lease Extensions With Increases
  • Optimal Location In Community
  • Below Market Rent

OVERVIEW

Optimal Location – Property is located on a corner lot (35,250 SF) along Canton’s main retail/business thoroughfare with ample parking and signage. Dollar General recently extended lease through July 2030 with two 5-year extensions leading to potential tenant through July 2040.

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$69 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,250 SF

ZONING

C

APN/PARCEL ID

200.10.16.010

ASK ABOUT THIS PROPERTY

Reggie KuipersBender Commercial Real Estate ServicesMore Info
605-782-1663

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

Reggie KuipersBender Commercial Real Estate ServicesMore Info
605-782-1663

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

800-613-1303800-613-1303SitemapSitemapAdd a ListingTerms of UseCRE InformationPrivacy Policy
Copyright © 1997-2025 CoStar Realty Information, Inc.