1201 Milbank AveMilbank, SD 57252
For Sale
$428,500
High-yield QSR investment; 8+ years remaining.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- $428,500 asking price for this Pizza Hut retail property.
- Absolute NNN lease with a seasoned franchisee tenant.
- 8.1 years remaining on the lease, expiring 12/31/2032, with four lease options.
- 7.00% cap rate based on a $30,000 net operating income (NOI).
- 2,100 square feet building, priced at $204.05 per square foot.
- Located at 1201 E Milbank Ave, Milbank, SD 57252.
Property Details for 1201 Milbank Ave
- Property type
- Other retail properties, Restaurants
- Square Feet
- 2,100 SF
- Year Built
- 1984
Location Insight
- City
- Milbank
- County
- Grant
- State
- South Dakota
- Latitude
- 45.222972103125
- Longitude
- -96.618113795517
1201 Milbank Ave, Milbank, South Dakota
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