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Retail Investment with 6% CAP
For Sale
Contact for pricing
Pending

1201 US-12, Milbank, SD 57252

For sale retail property marketed at a 6% cap rate with 2,800 SF.

Property Size2,800 SF
Days on Market144

Property Features for 1201 US-12

General Information

Standard status Pending
Size 2,800 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: Bang Realty
Listed By: Brian Brockman · License #PB00082359
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Sep 1 at 6:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty

Investment Insights

Based on property information with market context.

This for-sale retail investment is presented at a 6.00% cap rate and includes 2,800 SF of retail space. The listing is focused on the property’s income-oriented profile, with the 6.00% CAP rate specifically called out in the marketing remarks.

The property is located at 1201 US-12 in Milbank, SD 57252. Additional details on unit configuration, tenant status, or specific frontage and access features are not provided in the information available here.

Key Highlights

  • Retail property for sale marketed at a 6.00% cap rate
  • 2,800 SF retail space

Property Analytics

Current Use

Retail space

Location Intelligence

Trade Area within ½ mile

Demographics for 57252, SD

5,020
Population
2,171
Households
2.3
Avg Household Size
44
Median Age
31%
College-Educated
93%
High-School Grad
164.9 sq mi
ZIP Area
30
Density / Sq Mi
$69,900
Median Household Income
$35,502
Median Earnings
$525
Median Rent
$184,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property marketed at a 6% cap rate with 2,800 SF.
Where is this retail space located?
The property is located at 1201 US-12 Milbank, SD.
What are key features of this property?
This property features: Retail property for sale marketed at a 6.00% cap rate; 2,800 SF retail space
(888) 737-2264 Call to check price and availability
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