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Dollar General | 2.50% Buyside Fee 14307 Summit Rd

10,566 SF 100% Leased Retail Building Summit, SD 57266 $1,601,669 ($152/SF) 6.65% Cap Rate

Storefront Properties South Dakota Summit 14307 Summit Rd, Summit, SD 57266

Executive Summary

New Construction | Build-to-Suit Dollar General. 14 Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years. Corporate Location | Corporate Guarantee.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,566 SF
Year Built
2022
Price
$1,601,669
Price Per SF
$152
Cap Rate
6.65%
NOI
$106,511
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.94 AC
Parking
32 Spaces (3.03 Spaces per 1,000 SF Leased)
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14307 Summit Rd, Summit, SD - aerial map view

PROPERTY TAXES

Parcel Number 15782 Improvements Assessment $220,319
Land Assessment $30,000 Total Assessment $250,319

PROPERTY TAXES

Parcel Number
15782
Land Assessment
$30,000
Improvements Assessment
$220,319
Total Assessment
$250,319
(513) 300-0763

Contact

  • Listing ID: 29941308

  • Date on Market: 11/1/2023

  • Last Updated:

  • Address: 14307 Summit Rd, Summit, SD 57266

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Dollar General | 2.50% Buyside Fee | 14307 Summit Rd
(513) 300-0763 x

Dollar General | 2.50% Buyside Fee | 14307 Summit Rd

Brian Brockman

(513) 300-0763

(513) 300-0763

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