NNN-Leased Furniture Retail
2320 Broadway Avenue Yankton, SD 57078
2320 Broadway Avenue, Yankton, SD, 57078
$1,857,000
For Sale
$1,857,000
Fee-simple NNN investment leased to Furniture Mart USA through December 31, 2030.
Days on Market12
Property Features for 2320 Broadway Avenue
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing Agency
SRS Industrial - Newport Beach
(303) 884-6659
Listed by
Steven Roberts · License #CA 01732226
(303) 884-6659
Source
Srsre
Added: Jul 10 Checked: Jul 20 at 1:38 am
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 SRS Industrial - Newport Beach
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.
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.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Unclaimed Freight Furniture
Furniture & Home Goods
Similar For Sale Nearby
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.
