Absolute NNN Retail
For Sale
Contact for pricing
416 US-14, Highmore, SD 57345
Retail asset leased to Dollar General under a long-term absolute triple-net structure.
Property Size9,026 SF
Lot Size1.24 Acres
Days on Market142
Property Features for 416 US-14
General Information
Standard status
Active
Size
9,026 SF
Lot size
1.24 Acres
Property subtype
Retail
Additional Details
Gross Income
$91,340
Building Details
Year Built
2022
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 11:08AM
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 SURMOUNT
Investment Insights
Based on property information with market context.
Located at 416 US-14 in Highmore, South Dakota, this retail property includes approximately 9,026 square feet of building area on roughly 1.24 acres. The store opened in September 2022 and operates under an absolute triple-net lease to Dollar General.
The lease began on September 22, 2022, and runs through September 30, 2037. It also provides five five-year renewal options, with rent scheduled to rise 10% during each option period. The property combines a recently opened retail building with a long-duration lease structure and an established national discount retailer.
The lease began on September 22, 2022, and runs through September 30, 2037. It also provides five five-year renewal options, with rent scheduled to rise 10% during each option period. The property combines a recently opened retail building with a long-duration lease structure and an established national discount retailer.
Key Highlights
- Approximately 9,026 square feet of retail building area
- Situated on roughly 1.24 acres at 416 US‑14 in Highmore, South Dakota
- Dollar General store opened in September 2022
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
79
Businesses Nearby
Explore this area
Business Placement
Demographics for 57345, SD
1,083
Population
548
Households
2
Avg Household Size
48
Median Age
23%
College-Educated
88%
High-School Grad
646.3 sq mi
ZIP Area
2
Density / Sq Mi
$78,750
Median Household Income
$44,779
Median Earnings
$1,000
Median Rent
$122,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Retail asset leased to Dollar General under a long-term absolute triple-net structure.
Where is this nnn property located?
The property is located at 416 US-14 Highmore, SD.
What are key features of this property?
This property features: Approximately 9,026 square feet of retail building area; Situated on roughly 1.24 acres at 416 US‑14 in Highmore, South Dakota; Dollar General store opened in September 2022
