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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 ($151.59/SF) 6.65% Cap Rate

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
$151.59
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)
1 1
14307 Summit Rd, Summit, SD - Aerial map view

Property Taxes

Parcel Number 15782 Improvements Assessment $660,957
Land Assessment $42,000 Total Assessment $702,957

Property Taxes

Parcel Number
15782
Land Assessment
$42,000
Improvements Assessment
$660,957
Total Assessment
$702,957
(513) 300-0763

Still interested?

Contact the broker for more information about this property

Contact

  • Brian Brockman
    Brian Brockman

  • 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

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