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
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Cap Rate
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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 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
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