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Executive Summary

New Construction | Build-to-Suit Dollar General. 14 Years Remaining on 15-Year Absolute Triple Net (NNN) Lease; Passive Investment Offering a Long-Term Security of Cash Flow. Rental Increases of 10% In Each Option Period. Tenant Renewal Options: Five (5) Periods of Five (5) Years, Each bringing the Potential Lease Term Remaining to 40 Years. Corporate Location | Corporate Guarantee.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
10,566 SF
Year Built
2022
Price
$2,194,943 CAD
Price Per SF
$207.74 CAD
Cap Rate
6.65%
NOI
$145,964 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.13
Lot Size
1.94 AC
Parking
32 Spaces (3.03 Spaces per 1,000 SF Leased)
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
15782
Land Assessment
$57,855 CAD
Improvements Assessment
$910,468 CAD
Total Assessment
$968,323 CAD
  • Listing ID: 29941308

  • Date on Market: 2023-11-01

  • Last Updated:

  • Address: 14307 Summit Rd, Summit, SD 57266

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