4711 I-90 Service Road $3,400,000

Lot Size
1.01 - 5
Lot Acres
2.46
Year Built
1976
Heat
Natural Gas,Electric
Garage Type
Parking Lot
Single Tenant NNN Investment Opportunity! This 26,300sf building sits on 2.46 acres with excellent exposure and frontage on Interstate 90.  The property is currently occupied by Arctic Glacier Ice Company.  Approximately 17,000sf of the building is refrigerated/freezer storage.  The remaining 1/3 of the building will be converted by the tenant to additional freezer storage and ice production.  Arctic Glacier signed a new 15 year lease in April 2022 and will occupy 100% of the building by November 15, 2022. New roof coating to be installed in September. Landlord responsibilities are limited to only roof, structure and HVAC replacement. 6% cap rate on year 1 with 2.5% annual increases. Very rare hands off investment opportunity. Listing by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.
Security Amenities
4711 I-90 Service Road
Box Elder, South Dakota 57701
Region: Box Elder
Sale Type: For Sale
Ref #: 73974
Category: Commercial
47 Hits
Listed by Christopher Long - Keller Williams Realty Black Hills Rapid City on Friday, 06 May 2022 [For Sale]
Lot Size
1.01 - 5
Lot Acres
2.46
Lot Type
Building Site
Heat
Natural Gas,Electric
Cooling
Refrig. C/Air
Year Built
1976
School District
Yes
Style
Storage
Garage Type
Parking Lot
4711 I-90 Service Road
Box Elder, South Dakota 57701
Region: Box Elder
Sale Type: For Sale
Ref #: 73974
Category: Commercial
47 Hits
Listed by Christopher Long - Keller Williams Realty Black Hills Rapid City on Friday, 06 May 2022 [For Sale]

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4711 I-90 Service Road
Box Elder, South Dakota 57701
Region: Box Elder
Sale Type: For Sale
Ref #: 73974
Category: Commercial
47 Hits
Listed by Christopher Long - Keller Williams Realty Black Hills Rapid City on Friday, 06 May 2022 [For Sale]

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4711 I-90 Service Road
Box Elder, South Dakota 57701
Region: Box Elder
Sale Type: For Sale
Ref #: 73974
Category: Commercial
47 Hits
Listed by Christopher Long - Keller Williams Realty Black Hills Rapid City on Friday, 06 May 2022 [For Sale]