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4711 S I-90 Service Rd $3,400,000

Ft2
26,300
Single Tenant NNN Investment Opportunity! This 26,300sf building sits on 2.46 acres with excellent exposure and frontage on Interstate 90.  The property is currently occupied by Arctic Glacier Ice Company.  Approximately 17,000sf of the building is refrigerated/freezer storage.  The remaining 1/3 of the building will be converted by the tenant to additional freezer storage and ice production.  Arctic Glacier signed a new 15 year lease in April 2022 and will occupy 100% of the building by November 15, 2022. New roof coating to be installed in September. Landlord responsibilities are limited to only roof, structure and HVAC replacement. 6% cap rate on year 1 with 2.5% annual increases. Very rare hands off investment opportunity. Listing by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.
4711 S I-90 Service Rd
Box Elder, South Dakota 57701
Sale Type: For Sale
Ref #: 160956
Last Updated: Monday, 26 September 2022 10:22
Category: Land
Listed by KELLER WILLIAMS REALTY BLACK HILLS on Sunday, 04 September 2022 [For Sale]
Ft2
26,300
4711 S I-90 Service Rd
Box Elder, South Dakota 57701
Sale Type: For Sale
Ref #: 160956
Last Updated: Monday, 26 September 2022 10:22
Category: Land
Listed by KELLER WILLIAMS REALTY BLACK HILLS on Sunday, 04 September 2022 [For Sale]

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4711 S I-90 Service Rd
Box Elder, South Dakota 57701
Sale Type: For Sale
Ref #: 160956
Last Updated: Monday, 26 September 2022 10:22
Category: Land
Listed by KELLER WILLIAMS REALTY BLACK HILLS on Sunday, 04 September 2022 [For Sale]

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4711 S I-90 Service Rd
Box Elder, South Dakota 57701
Sale Type: For Sale
Ref #: 160956
Last Updated: Monday, 26 September 2022 10:22
Category: Land
Listed by KELLER WILLIAMS REALTY BLACK HILLS on Sunday, 04 September 2022 [For Sale]

Contact

1508 Mt. Rushmore Rd. Rapid City, South Dakota 57701

605.791.0408