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Lake Centre II

1401-1407 W 12th St Sioux Falls , SD 57104

For Sale

Property Description

6,136 Square feet +/-

Located in central Sioux Falls near Downtown

Tenants include: Bits’N’Bytes, Nile Valley and Electric Crayon Tattoo

Approx. 32 on-site parking spaces dedicated to this building, a shared loading area and a cross-easement agreement with the building to the east

Monument signage with a marquee

Traffic count of 22,400 vehicles per day offers great exposure

Great for an owner occupant as there are Two suites currently available for lease:

*1401 – Approx. 1,200 Sq. Ft.- new construction shell space

*1405 – 1,435 Sq. Ft.- built out retail space

Listing price reflects the following credits to Buyer in relation to the 1,200 sq. ft. shell space: A) $10.00 PSF for shell completion ($12,000) B) $20.00 PSF for Tenant fit-up allowance ($24,000) C )Leasing commission and tax ($4,200) D )One years base rent credit ($13,200)

Information

  • Address:1401-1407 W 12th St, Sioux Falls, SD 57104
  • Min Size:6136 Sq.Ft
  • Max Size:6136 Sq.Ft
  • Sale Price: $ 877,840.00
  • Taxes:$ 7,624.04
  • Zoning:C2
  • Current Use:Retail
  • Floor :Main
  • Parking :On-site
  • Bathroom :In-suite
  • Amenities : Building Signage, Investment Opportunity, Monument/Pylon Sign, New Construction
  • Marketing Sheet

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Property Agent

  • Jim Dunham

    Jim@JimDunhamAssociates.com View Detail
  • Stephen Rueber

    Stephen@JimDunhamAssociates.com View Detail