Sioux Falls, SD 57106

Northern Tool + Equipment

Property Address

4440 West Crossroads Place, Sioux Falls, SD, USA

Offering Summary

  • Price: $4,631,000
  • Lot Size: 2.05 Acres
  • Cap Rate: 7.15%
  • Year Built: 2022
  • Building SF: 22,000
  • Status: Available
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  • 8+ Years Remaining on Lease with Corporate Guaranty by Northern Tool + Equipment
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Dense Sioux Falls Trade Area with 163,658 Residents within a 5-Mile Radius
  • Sioux Falls is the Most Populous City in the State of South Dakota
  • Households and Population Projected to Increase 7%+ in the Immediate Area by 2030
  • Excellent Access and Visibility from Interstate 29 (±66,000 Cars per Day), a Major Connector for the Sioux Falls MSA
  • Highly Accessible Location via West 12th Street / Interstate 29B (±45,500 Cars per Day)
  • Central Location with Immediate Proximity to Great Plains Zoo, W.H. Lyon Fairgrounds, The Country Club of Sioux Falls, Minnehaha Country Club, and Downtown Sioux Falls
  • Average Household Income Exceeds $96,000 within the Surrounding Area

Broker Information