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(fka) Verifications Building 1425 Mickelson Dr

30,240 SF Office Building Watertown, SD 57201 $2,520,000 ($83/SF) 9.60% Cap Rate

Medical Offices South Dakota Watertown 1425 Mickelson Dr, Watertown, SD 57201

INVESTMENT HIGHLIGHTS

  • Great revenue stream property.
  • Fully leased property.

EXECUTIVE SUMMARY

Currently fully leased by an international tenant. Great Revenue Stream property.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
30,240 SF
Building Class
B
Year Built
2000
Price
$2,520,000
Price Per SF
$83
Cap Rate
9.60%
NOI
$241,920
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
15,120 SF
Slab To Slab
15’
Building FAR
0.13
Lot Size
5.18 AC
Zoning
BP (Business Park) - Office, light industrial, manufacturing
Parking
240 Spaces (7.93 Spaces per 1,000 SF Leased)

AMENITIES

  • Central Heating
  • Air Conditioning
  • Smoke Detector
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PROPERTY TAXES

Parcel Number 013076 Improvements Assessment $2,581,135
Land Assessment $330,690 Total Assessment $2,911,825

PROPERTY TAXES

Parcel Number
013076
Land Assessment
$330,690
Improvements Assessment
$2,581,135
Total Assessment
$2,911,825
(605) 881-2585

CONTACT

  • JAMES OWEN
    JAMES OWEN
  • https://www.linkedin.com/in/jim-owen-0a01b410b

  • Listing ID: 27491474

  • Date on Market: 1/11/2023

  • Last Updated:

  • Address: 1425 Mickelson Dr, Watertown, SD 57201

More public record information on 1425 Mickelson Dr, Watertown, SD 57201

The Office Property at 1425 Mickelson Dr, Watertown, SD 57201 is currently available for sale. Contact https://www.linkedin.com/in/jim-owen-0a01b410b for more information.

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(fka) Verifications Building | 1425 Mickelson Dr
(605) 881-2585 x

(fka) Verifications Building | 1425 Mickelson Dr

JAMES OWEN

(605) 881-2585

(605) 881-2585

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