2320 Broadway Avenue Yankton, SD 57078

Building Details

Year Built

1999

Listing office SRS Industrial - Newport Beach s***@srsre.com Show Phone

Listing date Jul 10, 2026

Source Srsre

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Investment Insights

Based on property information with market context.

SRS Real Estate Partners, LLC, in collaboration with Bender Commercial, is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in an NNN leased furniture retail property located in Yankton, South Dakota.

The property is currently occupied by Furniture Mart USA, Inc. under a lease term extending through December 31, 2030. The lease also includes four (4) additional five-year renewal options, each with 3% rental increases at the beginning of the option period.

Under the NNN lease structure, the tenant is responsible for real estate taxes, utilities, maintenance, snow removal, landscaping, and other operating expenses. The offering is available exclusively as part of a two-property portfolio and must be purchased together with the related Spirit Lake, IA Furniture Mart property.

Key Highlights

• Fee‑simple NNN leased furniture retail investment in Yankton, SD.
• Tenant Furniture Mart USA, Inc. occupies the property under a lease extending through December 31, 2030.
• Lease includes four (4) additional 5‑year renewal options with 3% rental increases at the start of each option period.

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FAQs

What type of property is this?

NNN property - Fee-simple NNN investment leased to Furniture Mart USA through December 31, 2030.

Where is this nnn property located?

The property is located at 2320 Broadway Avenue Yankton, SD.

What is the asking price?

The asking price for this property is $1,857,000.

What are key features of this property?

This property features: Fee‑simple NNN leased furniture retail investment in Yankton, SD.; Tenant Furniture Mart USA, Inc. occupies the property under a lease extending through December 31, 2030.; Lease includes four (4) additional 5‑year renewal options with 3% rental increases at the start of each option period.