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Mitchell, SD 57301

Les Schwab Tires

Property Address

2306 South Mentzer Street, Mitchell, SD, USA

Offering Summary

  • Price: $1,840,000
  • Lot Size: 2.12 Acres
  • Cap Rate: 5.00%
  • Year Built: 2024
  • Building SF: 11,480
  • Status: Available
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  • Brand New 20-Year Absolute Triple-Net (NNN) Corporate Ground Lease
  • Exceptional Residual Value - Value of Improvements well Exceeds Purchase Price
  • New High-Quality 2024 Construction
  • 10 Percent Rental Increases Every Five Years with Six, Five Year Renewals
  • Surrounded by National Tenants such as: Cabela's, Tractor Supply Co, Sherwin- Williams Paint Store, Dollar Tree and more

Broker Information

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