864 Sd-44Winner, SD 57580

For Sale
$765,030

High-Yield SD Retail Property

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a 11,200 square foot Family Dollar Tree retail property located at 864 SD-44, Winner, SD 57580, in Tripp County. Built in 2006, this single-story building sits on a 1.16-acre lot and boasts a strong 11.57% cap rate, generating a substantial net operating income (NOI) of $88,514. The asking price is $765,030, translating to $68.31 per square foot. The property benefits from a recently renovated Family Dollar to Combo Store configuration and is currently receiving percentage rent payments. Furthermore, the average household income within a one-mile radius exceeds $73,000, indicating a robust consumer base. 2023 store sales reached $1.8 million, demonstrating the location's strong performance and potential for continued growth. This is a turnkey investment opportunity with a proven track record and significant upside potential in a thriving market. The property's convenient location and established tenant provide a stable and attractive investment profile. The combination of a high cap rate, strong NOI, and significant sales figures makes this a compelling opportunity for investors seeking a reliable and profitable retail investment.

Highlights

  • 11,200 SF Family Dollar retail property on a 1.16-acre lot in Winner, SD.
  • Built in 2006, with a strong 11.57% cap rate and $88,514 NOI.
  • Asking price: $765,030 ($68.31/SF).
  • Recently renovated to a combo store configuration with percentage rent.
  • Average household income within 1 mile exceeds $73,000, and 2023 sales reached $1.8M.

Property Details for 864 Sd-44

Property type
Other retail properties, Individual retail properties
Square Feet
11,200 SF
Year Built
2006
Buildings
1
Stories
1
Lot Size (sq. ft)
50,530 SF

Location Insight

City
Winner
County
Tripp
State
South Dakota
Latitude
43.376790979217
Longitude
-99.844935657423
864 Sd-44, Winner, South Dakota

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864 Sd-44
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