USDA Office Building

For Sale
Office Building
List Price: $193,000
USDA Office Building
510 Dakota Avenue N.,
Wessington Springs, SD
Gross Income:
USDA$28,560
Attorney$ 9,000
Total$37,560
3 years Avg. Expenses $16,899
Property Features
NOI$20,661
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Cap Rate
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10.71% cap rate
Fully leased investment property in Wessington Springs,
SD
3,128 sq. ft. office building leased to the government
entity USGA
Good investment at $61.70/sq. ft.
Excellent rental history
Current Lease term expires 9/30/18.
Lot size is 18,000 sq. ft.
Built in 1996
2014 Real Estate Taxes are $2,900
May be purchased together with similar properties in
Winner, Mitchell, & Burke, SD.
Located 4 blocks north of Main Street
Co-listed with Coldwell Banker Lewis-Kirkeby-Hall in
Rapid City, SD
10.71% ($75,996/$875,000)
For more information :
Troy Fawcett,
CCIM, SIOR
+1 605 444 7120 direct
+1 605 321 2199 mobile tfawcett@naisiouxfalls.com
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
USDA Office Building
Wessington Springs, SD
5th Street NE
Dakota Avenue N.
Site
4th Street NE
2500 W. 49th Street, Suite 100
Sioux Falls, South Dakota 57105
+1 605 357 7100
naisiouxfalls.com