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207 Hwy East, Unit 18 Gregory, SD 57533

For Sale
$952,370

Dollar General property in Gregory, SD, operating since 2014.

Property size:
9,100 SF

Property Features for 207 Hwy East

General Information

Size
9,100 SF

Building Details

Year built
2014

Source: Daniel Miller Agent Daniel Miller

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Dollar General Investment Opportunity

This Dollar General property, offered at $952,370, operates at an 8.65% Cap Rate and has been serving the community since 2014. The 9,100 sq. ft. structure sits on an approximately 1.59-acre lot with ample parking. Located blocks from S. Main Street, the central thoroughfare in Gregory, South Dakota, this site is the main essential goods, discount, and variety store in the general area. The property was built-to-suit in 2014 and has approximately 4 years remaining on the lease term, which expires on July 31, 2029. There are four 5-year options to renew at a 10% increase. The lease is Double Net (NN), with the landlord responsible for the roof and structure. The site is situated along the main highway in Gregory, SD, a small city in the south-central region of South Dakota, known for its quiet, close-knit community atmosphere. Gregory is located close to the Missouri River, a significant geographical and recreational feature. The property benefits from a Dollar General Corporate Guarantee (NYSE: DG).
Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Map

City
Gregory
County
Gregory
State
South Dakota
Longitude
-99.4287
Latitude
43.2419

FAQs

What type of property is this?
Grocery and convenience store - Dollar General property in Gregory, SD, operating since 2014.
Where is this grocery and convenience store located?
The property is located at 207 Hwy East, Unit 18 Gregory, SD.
What is the asking price?
The asking price for this property is $952,370.
What are key features of this property?
This property features: - Dollar General Corporate Guarantee (NYSE: DG); - Excellent 8.65% Cap Rate; - Located in South Dakota, an income tax-free state
More about this property
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