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4711 S I-90 Service Road

Box Elder, SD 57701
  • $3,400,000
  • STATUS: Active Under Contract
  • ON SITE: 126 Days
  • MLS #: 73974
Under Contract
UPDATED: 72 min ago
$3,400,000
  • 0
    BEDS
  • 2.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1976
Area:

School Ratings & Info

Description

Single Tenant NNN Investment Opportunity! This 26,300sf building sits on 2.46 acreswith 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 andice 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.

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© 2023 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or VIP Properties. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than VIP Properties are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2023-01-31T13:44:51.46.
www.rapidcityhomes4sale.com/homes/133420085
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4711 S I-90 Service Road Box Elder, SD 57701

  • Price: $3,400,000
  • Status: Active Under Contract
  • On Site: 126 Days
  • Updated: 72 min ago
  • MLS #: 73974
0
Beds
0
Baths
0
½ Baths
2.46
Acres
1976
Built
Neighborhood:
Box Elder
Area:
Box Elder
Property Description
Single Tenant NNN Investment Opportunity! This 26,300sf building sits on 2.46 acreswith 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 andice 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.
Exterior Features

Construction Concrete Lot Description Interior Lot Lot Size 2.46 Acres Parking Parking Lot Parking Spaces 31+ Road Surface Gravel Topography Level

Interior Features

Approx Building Sq Ft 26300 Cooling Refrig. C/Air Heating Natural GasElectric

Property Features

Access Public Access Auction YN No Commercial Property Type Ci Land W/Building Documents On File LeaseSurvey Electric Location To Lot For Sale Or Rent For Sale Lease Renewable Yes Occupant Long Term Tenant Short Sale No Subdivision YN No Type Lot Building Site Utilities Sewer City (At Site)

[Mount Rushmore Area Association of Realtors] logoListing information © 2023 Mount Rushmore Area Association of REALTORS®., Inc
Listing provided courtesy of Christopher Long of Keller Williams Realty Black Hills Rc: 605-343-7500.



© 2023 Mount Rushmore Area Association of REALTORS®., Inc. Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or VIP Properties. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Mount Rushmore Area Association of REALTORS® Multiple Listing Service. Real estate listings held by brokerage firms other than VIP Properties are marked with the Broker Reciprocity™ logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Data last updated: 2023-01-31T13:44:51.46.
 
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