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5045 East Grant St Sioux Falls, SD 57110

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For Sale
$4,333,000

Dual tenant fitness facility with long-term leases for sale.

Property size:
27,598 SF

Property Features for 5045 East Grant St

General Information

Size
27,598 SF

Building Details

Year built
2020

Source: Gregg Brown, MBA, SIOR Agent Gregg Brown, MBA, SIOR

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


Overview

Fitness Facility Investment Opportunity

This 27,598 square foot property is a fitness facility investment opportunity. The building is occupied by two tenants with lease terms of 8+ years. The total operating expenses are $87,864.50, which equates to $3.18 per square foot. The average cap rate is 7.63%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Frontier Climbing and Fitness Gym

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Pure Fitness, Frontier Climbing and Fitness, Live Well Now Academy, Digz Volleyball Sand Courts, Planet Fitness

Location Insight

  • Map
  • Local Demand
City
Sioux Falls
County
Lincoln
State
South Dakota
Longitude
-96.6647755
Latitude
43.5454887

FAQs

What type of property is this?
Fitness center & gym - Dual tenant fitness facility with long-term leases for sale.
Where is this fitness center & gym located?
The property is located at 5045 East Grant St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $4,333,000.
What are key features of this property?
This property features: - Long-term lease: 8+ years; - Average cap rate: 7.63%; - Fitness facility investment opportunity
More about this property
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