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Watertown Retail Center 911 29th St SE 1,500 - 6,895 SF of Retail Space Available in Watertown, SD 57201
HIGHLIGHTS
- One of the best positioned retail locations in Watertown
- Shell space ready for tenant buildouts. Perfect for a variety of businesses.
- Co-tenants include Jimmy John’s, Sally Beauty Supply, Great Clips and Dollar Tree
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 917 | 1,500-6,895 SF | 5 Years | $20.24 CAD/SF/YR $1.69 CAD/SF/MO $139,561 CAD/YR $11,630 CAD/MO | Triple Net (NNN) |
933 29th St SE - 1st Floor - Ste 917
Dynamic Walmart Supercenter shadow-anchored strip center located near Starbucks Coffee, Hampton Inn & Suites, Buffalo Wild Wings, Qdoba, Pearl Vision and more. Easy access to SD Hwy 212 and I-29. Watertown has a business-friendly environment, with low taxes, reasonable regulations, and a supportive local government. The city actively promotes economic development and has incentives in place to attract and retain businesses.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is subdividable
- Strategically located near major highways
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT WATERTOWN RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar Tree
- -
- -
- -
- Great Clips
- Salon/Barber/Spa
- 6,156
- International
- Jimmy John's
- Sub Sandwich
- 3,217
- International
- Pearl Vision
- -
- -
- -
- Sally Beauty Supply
- Health & Beauty Aids
- 2,956
- International
- Starbucks
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar Tree | - | - | - |
| Great Clips | Salon/Barber/Spa | 6,156 | International |
| Jimmy John's | Sub Sandwich | 3,217 | International |
| Pearl Vision | - | - | - |
| Sally Beauty Supply | Health & Beauty Aids | 2,956 | International |
| Starbucks | - | - | - |
PROPERTY FACTS
| Total Space Available | 6,895 SF | Center Properties | 1 |
| Min. Divisible | 1,500 SF | Gross Leasable Area | 24,507 SF |
| Center Type | Strip Center | Total Land Area | 3.23 AC |
| Parking | 138 Spaces | Year Built | 2006 |
| Stores | 6 |
| Total Space Available | 6,895 SF |
| Min. Divisible | 1,500 SF |
| Center Type | Strip Center |
| Parking | 138 Spaces |
| Stores | 6 |
| Center Properties | 1 |
| Gross Leasable Area | 24,507 SF |
| Total Land Area | 3.23 AC |
| Year Built | 2006 |
ABOUT THE PROPERTY
Dynamic Walmart Supercenter shadow-anchored strip center located near Starbucks Coffee, Hampton Inn & Suites, Buffalo Wild Wings, Qdoba, Pearl Vision and more. Easy access to SD Hwy 212 and I-29. Contact broker for additional information.
NEARBY MAJOR RETAILERS
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Watertown Retail Center | 911 29th St SE
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