Marcus & Millichap is proud to offer for sale fee simple ownership of the recently remodeled and expanded Family Dollar/Dollar Tree located along Highway 46 in Wagner, South Dakota. Family Dollar/Dollar Tree has continuously operated at this location for over 19 years and recently executed a fresh 10-year extension while adding an additional 3,400 SF to the existing structure demonstrating their long-term commitment to this location. In addition, the store was remodeled to reflect their newest “combo” prototype. In place is a favorable corporate guaranteed, double net lease expiring October 31st, 2032.
Wagner, South Dakota is in Charles Mix County and 110 miles Southwest of Sioux Falls. Wagner, an agriculture community along State Highway 46. Visitors travel from across the state to Wagner for it’s pheasant hunting, in addition to The Fort Randall Dam along the Missouri River which offers great recreational activities. The Fort Randall Casino is a short 8-minute drive attracting many visitors with their 60-room hotel. Lake Andes is just a 20-minute drive northwest of Wagner. South Dakota is an income tax-free state and was ranked the 3rd most Business Friendly State by CNBC in 2024. Wagner High School, located directly across from the subject property, has been remodeled on multiple occasions, most recently in 2014 and 2021 when a new turf football field was installed. Wagner is home to over 1,400 residents.