411 E 1st Ave
Faith, SD 57626
Price:
$1,652,109
Cap Rate:
6.40%
NOI:
$105,375
Building Size:
Approx. 10,556 Sq. Ft.
Lot Size:
Approx. 1.38 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2022
Investment Overview
- 2022 Construction. 10,556+/- SF Building on 1.38+/- Acre Site
- Brand New 2022 Development w/ 15 Yrs. Remaining on Abs. NNN Lease
- Excellent Location Directly off of Highway 212 (1.4K VPD)
- Limited Competition with No Other Dollar Stores Within a 40 Mile Radius
- Rare Upgraded Construction Prototype that Features a Plus Size 10,556 SF Building
- E-Commerce Resistant Retailer that Plans to Open an Additional 1,050 Stores in 2023
- Faith | 2 Hour Drive to the State Capital of Pierre