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Retail Investment Property with CAP Rate
For Sale
Contact for pricing
Pending

2600 9th Ave SE, Watertown, SD 57201

For sale retail property boasting a stated 6.00% cap rate and 3,600 SF.

Property Size3,600 SF
Days on Market132

Property Features for 2600 9th Ave SE

General Information

Standard status Pending
Size 3,600 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 19 at 8:57AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

This for-sale retail property at 2600 9th Ave SE in Watertown, SD is presented with a stated 6.00% cap rate. The offering is described as approximately 3,600 SF of retail space.

The information provided focuses on the asset type and the stated return metric, with the property configured for retail use. For additional details on the building layout, tenant status, or specific improvements, prospective buyers should request the full offering materials.

Key Highlights

  • Stated 6.00% cap rate
  • 3,600 SF retail property

Property Analytics

Current Use

Tidal Wave Auto ... Car Wash KFC Restaurant

Suggested Use

Top Pick HVAC Service Garden Center (Bike/Boat/Book/etc) Store Bakery Cafe & Coffee Shop Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
242k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 50% Dining 19% Shops & Services 11% Groceries 8%
Walmart Superstores
76,646 visits/mo 0.3 miles
Target Superstores
44,510 visits/mo 0.5 miles
Hobby Lobby Shops & Services
21,238 visits/mo 0.4 miles
Culver's Dining
20,336 visits/mo 0.1 miles
Aldi Groceries
18,431 visits/mo 0.3 miles

Demographics for 57201, SD

26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
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 boasting a stated 6.00% cap rate and 3,600 SF.
Where is this retail space located?
The property is located at 2600 9th Ave SE Watertown, SD.
What are key features of this property?
This property features: Stated 6.00% cap rate; 3,600 SF retail property
(332) 345-4222 Call to check price and availability
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