Leased Office
New
For Sale
$2,100,000
1720 4th Street NE, Watertown, SD 57201
Fully occupied office asset with a gross lease and documented operating expense history.
Property Size8,472 SF
Days on Market1
Property Features for 1720 4th Street NE
General Information
Standard status
Active
Size
8,472 SF
Property subtype
Office
Building Details
Building Size
8,472 SF
Year Built
2011
Listing Agency:
NAI | Sioux Falls
Listed By:
Dennis Breske, MBA, CCIM, SIOR
(605) 310-6666
Source:
Naiglobal
Added: Sep 16
Last Checked: Sep 16 at 1:46PM
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 NAI | Sioux Falls
Investment Insights
Based on property information with market context.
Built in 2011, this office building at 1720 4th Street NE in Watertown, South Dakota, is fully leased under a gross lease structure. The current lease has a 10-year term and includes a cancellation option after five years.
Historical operating expenses have remained consistent, providing an established expense record for review. A copy of the lease is available upon request.
Historical operating expenses have remained consistent, providing an established expense record for review. A copy of the lease is available upon request.
Key Highlights
- Fully leased office building at 1720 4th Street NE, Watertown, SD 57201
- Built in 2011
- Current 10‑year lease with cancellation permitted after 5 years
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Fully occupied office asset with a gross lease and documented operating expense history.
Where is this office building located?
The property is located at 1720 4th Street NE Watertown, SD.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Fully leased office building at 1720 4th Street NE, Watertown, SD 57201; Built in 2011; Current 10‑year lease with cancellation permitted after 5 years
