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Dollar Tree 1302 Princeton Ave 10,000 SF Retail Building Vermillion, SD 57069 $2,946,870 CAD ($294.69 CAD/SF) 7.25% Cap Rate

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EXECUTIVE SUMMARY

The Premises is leased to Dollar Tree for a 10-year initial term, with five (5) - five (5) year options. The Asset is well-positioned near the University of South Dakota and is across the street from a Walmart Supercenter.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2025
Price
$2,946,870 CAD
Price Per SF
$294.69 CAD
Cap Rate
7.25%
NOI
$213,641 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Parking
19 Spaces (1.9 Spaces per 1,000 SF Leased)
Frontage
138’ on Princeton Street
Bike Score®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Scooter's Coffee
Hy-Vee
Bank of Montreal
First Bank & Trust
  • Listing ID: 38808576

  • Date on Market: 2025-12-17

  • Last Updated:

  • Address: 1302 Princeton Ave, Vermillion, SD 57069

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