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FOR SALE OFFICE BUILDING – INVESTMENT OPPORTUNITY

Date post: 12-Mar-2022
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L-1668 122 South Phillips Avenue, Suite 350 Sioux Falls, SD 57104 (605) 336-7600 www.benderco.com © 2018 Bender Companies *Per Owner and/or County Assessor’s Office. Lessee should verify independently. Information herein deemed reliable, but not guaranteed. FOR SALE OFFICE BUILDING – INVESTMENT OPPORTUNITY PROPERTY FEATURES: For Sale: $1,199,000.00 15,414 sq. ft.* Lot Size: 55,328 sq. ft. Built in 1978. Remodeled in 2017. Office building located along Russell Street. Great Russell Street visibility with a daily traffic count of 18,200 vehicles. Easy access to Russell Street, Minnesota Avenue and I-29. 4,432 sq. ft. available for lease on the main level. New 10-year lease with Clark Engineering. New roof, HVAC and sprinklers. Neighbors include Sanford Premier Center, Elmwood Golf Course, and Clark Engineering. Contact broker for lease and financial information. Perfect opportunity for owner occupant. Sale price represents a 7.91% cap rate. For More Information, Please Contact: REGGIE KUIPERS, SIOR [email protected] (605) 782-1663 ROB FAGNAN [email protected] (605) 782-1672
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L-1668 122 South Phillips Avenue, Suite 350 ● Sioux Falls, SD 57104 ● (605) 336-7600 ● www.benderco.com © 2018 Bender Companies *Per Owner and/or County Assessor’s Office. Lessee should verify independently. Information herein deemed reliable, but not guaranteed.

FOR SALE OFFICE BUILDING – INVESTMENT OPPORTUNITY PROPERTY FEATURES: • For Sale: $1,199,000.00 • 15,414 sq. ft.* • Lot Size: 55,328 sq. ft. • Built in 1978. Remodeled in 2017. • Office building located along Russell Street. • Great Russell Street visibility with a daily traffic count

of 18,200 vehicles. • Easy access to Russell Street, Minnesota Avenue and I-29. • 4,432 sq. ft. available for lease on the main level. • New 10-year lease with Clark Engineering. • New roof, HVAC and sprinklers. • Neighbors include Sanford Premier Center, Elmwood Golf Course,

and Clark Engineering. • Contact broker for lease and financial information. • Perfect opportunity for owner occupant. • Sale price represents a 7.91% cap rate.

For More Information, Please Contact:

REGGIE KUIPERS, SIOR [email protected]

(605) 782-1663

ROB FAGNAN [email protected]

(605) 782-1672

L-1668 122 South Phillips Avenue, Suite 350 ● Sioux Falls, SD 57104 ● (605) 336-7600 ● www.benderco.com © 2018 Bender Companies *Per Owner and/or County Assessor’s Office. Lessee should verify independently. Information herein deemed reliable, but not guaranteed.

Main Level

Lower Level

VACANT 4,432 SF

L-1668 122 South Phillips Avenue, Suite 350 ● Sioux Falls, SD 57104 ● (605) 336-7600 ● www.benderco.com © 2018 Bender Companies *Per Owner and/or County Assessor’s Office. Lessee should verify independently. Information herein deemed reliable, but not guaranteed.

L-1668 122 South Phillips Avenue, Suite 350 ● Sioux Falls, SD 57104 ● (605) 336-7600 ● www.benderco.com © 2018 Bender Companies *Per Owner and/or County Assessor’s Office. Lessee should verify independently. Information herein deemed reliable, but not guaranteed.

L-1668 122 South Phillips Avenue, Suite 350 ● Sioux Falls, SD 57104 ● (605) 336-7600 ● www.benderco.com © 2018 Bender Companies *Per Owner and/or County Assessor’s Office. Lessee should verify independently. Information herein deemed reliable, but not guaranteed.

SUBJECT


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