Building Details

Year Built 2022

Buildings 1

Tenancy Single

Listing Agency: Trinity Real Estate Investment Services b**@bangrealty.com Show Phone

Listed By: Andrew Dickerson · License #TX 751568

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Apr 11 at 4:08PM

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Investment Insights

Based on property information with market context.

Completed in 2022, this Dollar General retail property contains approximately 10,556 square feet within a 1.38-acre site. The building is subject to an absolute NNN lease with 15 years remaining, providing a defined lease structure for the property.

The site is directly off Highway 212 in Faith, South Dakota, where reported traffic volume is 1.4K VPD. The property is approximately a two-hour drive from Pierre, the state capital, and the source information indicates no other dollar stores within a 40-mile radius.

Key Highlights

• 2022 construction
• Approximately 10,556+/- SF building on a 1.38+/- acre site
• 15 years remaining on an absolute NNN lease

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Building Supply Auto Repair Shop Storage Facility Pharmacy Veterinary Clinic

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

1,400 VPD

Traffic count

Single-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

79

Businesses Nearby

2k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

2,241 visits/mo 0.1 miles

Demographics for 57626, SD

948

Population

451

Households

2.1

Avg Household Size

41

Median Age

17%

College-Educated

91%

High-School Grad

1,305.2 sq mi

ZIP Area

1

Density / Sq Mi

$64,188

Median Household Income

$53,618

Median Earnings

$550

Median Rent

$162,500

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?

Retail space - 2022 construction with an absolute NNN lease and 15 years remaining.

Where is this retail space located?

The property is located at 411 E 1st Ave Faith, SD.

What are key features of this property?

This property features: 2022 construction; Approximately 10,556+/- SF building on a 1.38+/- acre site; 15 years remaining on an absolute NNN lease