USDA Office Building
Transcription
USDA Office Building
For Sale Office Building List Price: $399,000 USDA Office Building 1113 Madison Street, Winner, SD Gross Income: USDA$60,093 3 years Avg. Expenses $23,169 Property Features NOI$36,924 • • Cap Rate • • • • • • • • • • 9.25% cap rate Fully leased single tenant investment property in Winner, SD 5,514 sq. ft. office building leased to the government entity USGA Good investment at $72.38/sq. ft. Excellent rental history Current Lease term expires 9/30/18 Lot size is 19,600 sq. ft. Built in 1993 2014 Real Estate Taxes are $5,374 May be purchased together with similar properties in Mitchell, Wessington Springs, & Burke, SD Located 1 block east of the Palace Mall Co-listed with Coldwell Banker Lewis-Kirkeby-Hall in Rapid City, SD 9.25% ($36,924/$399,000) For more information : Troy Fawcett, CCIM, SIOR +1 605 444 7120 direct +1 605 321 2199 mobile [email protected] NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPALS NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE ANY TO BE IMPLIED. 2500 W. 49th Street, Suite 100 Sioux Falls, South Dakota 57105 +1 605 357 7100 naisiouxfalls.com For Sale Site Madison Street USDA Office Building Winner, SD E. 2nd Street 2500 W. 49th Street, Suite 100 Sioux Falls, South Dakota 57105 +1 605 357 7100 naisiouxfalls.com
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USDA Office Building
Gross Income: USDA $28,560 Attorney $ 9,000 Total $37,560 3 years Avg. Expenses $16,899
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