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Vermillion, SD 57069
Starbucks
Property Address
East Cherry Street & North Plum Street, Vermillion, SD, USA
Offering Summary
Price:
$2,077,000
Lot Size:
.70 Acres
Year Built:
2022
Building SF:
2,365
Status:
Closed
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Broker
Brand New 10-Year Corporate-Guaranteed Lease with Starbucks (NASDAQ: SBUX)
New 2022 Construction with a Drive-Thru
Rare Opportunity - Property is Located in an Opportunity Zone
7.5 Percent Rental Increases Every Five Years
Easily Walkable Location Adjacent to 9,500+ College Students at the University of South Dakota
College Town Location with 18,608 Residents within the Surrounding Trade Area - Households Projected to Increase 8%+ within a One-Mile Radius by 2026
Situated at the Signalized Hard Corner of East Cherry Street and North Plum Street (14,500+ Cars/Day at the Intersection)
Within One Mile of Two New Student Housing Developments with a Combined 241 Units - The Heights and The Quarters at Vermillion
Close Proximity to National Retailers - Walmart, Burger King, McDonald’s, and More
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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