Building Details

Tenancy Single

Listing Agency: Bang Realty b**@bangrealty.com Show Phone

Listed By: Brian Brockman · License #298998

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 6:27PM

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Investment Insights

Based on property information with market context.

This Dollar General property comprises approximately 10,566 rentable square feet within an estimated 1.94-acre parcel. The building is leased under an absolute triple-net structure, placing the property within the NNN asset category.

The lease commenced September 8, 2022, and provides a 15-year initial term. Five additional five-year renewal options are included, with rent scheduled to increase by 10% during each option period and each renewal option. The property is located at 14307 Summit Rd in Summit, South Dakota.

Key Highlights

• Dollar General building with 10,566 rentable square feet
• Estimated 1.94‑acre parcel of land
• 15‑year absolute triple‑net (NNN) lease commenced September 8, 2022

Property Analytics

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Parking Lot & Garage Bakery Cafe & Coffee Shop Auto Repair Shop Daycare Center Pet Store

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

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

41

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

1,729 visits/mo 0.1 miles

Demographics for 57266, SD

599

Population

243

Households

2.5

Avg Household Size

35

Median Age

12%

College-Educated

93%

High-School Grad

127.3 sq mi

ZIP Area

5

Density / Sq Mi

$64,444

Median Household Income

$36,300

Median Earnings

$738

Median Rent

$159,400

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

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Frequently Asked Questions

What type of property is this?

NNN property - The property is subject to a 15-year absolute triple-net lease with five renewal options.

Where is this nnn property located?

The property is located at 14307 Summit Rd Summit, SD.

What are key features of this property?

This property features: Dollar General building with 10,566 rentable square feet; Estimated 1.94‑acre parcel of land; 15‑year absolute triple‑net (NNN) lease commenced September 8, 2022