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    2001-2003 Industrial St Tea, SD 57064

    For Lease
    $12 SF/Yr

    Multiple Suites, 15,483 SF Vacant

    Lot size:
    20,817 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional flex space property, located at 2001-2003 Industrial Street in Tea, South Dakota, offers a prime opportunity for businesses seeking versatile and adaptable commercial space. The property boasts a total of 20,817 square feet, divided into six individual suites, with a minimum divisible space of 2,494 square feet and a maximum contiguous space of 2,667 square feet. Currently, there is a significant 15,483 square feet of vacant space available, providing ample room for expansion or multiple tenants. The building features a desirable 16-foot ceiling height, ideal for various industrial and retail uses. Situated in the Bakker Landing area of northeast Tea, this property benefits from a strong tenant base, including established businesses such as DJ Jer, Pinnacle Productions, Ideal Tent & Event Rentals, Sherwin Williams, Simple Floors, Car Swap, Glass Doctor of Sioux Falls, I-29 RV, Marine & Outdoor. The property's location in Lincoln County, South Dakota, offers easy access to key transportation routes and amenities. This is a rare opportunity to secure high-quality flex space in a thriving commercial area. The property is zoned for retail and industrial uses, providing flexibility for a wide range of businesses. Contact us today to learn more about this exceptional opportunity. Zip code: 57064.

    Property Features for 2001-2003 Industrial St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,817 SF
    Total Rate
    20817

    Unit(s) available at that property

    Space
    2001 Industrial, Suite 3
    Size
    2,667 SF
    Rate per SF
    $12
    Space
    2001 Industrial, Suite 4
    Size
    2,667 SF
    Rate per SF
    $12
    Space
    2003 Industrial, Suite 3
    Size
    2,494 SF
    Rate per SF
    $12
    Space
    2003 Industrial, Suite 2
    Size
    2,494 SF
    Rate per SF
    $12
    Space
    2001 Industrial, Suite 1
    Size
    2,667 SF
    Rate per SF
    $12

    HighLights

    • 20,817 SF flex space available for lease at 2001‑2003 Industrial Street, Tea, SD 57064.
    • Modern design featuring glass garage doors and windows in each of the six suites.
    • Finished mezzanine space adaptable for offices, conference rooms, or other uses.
    • 16‑foot ceiling height.
    • Suitable for retail or service‑oriented businesses.
    • Ample paved parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tea
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.80640674
    Latitude
    43.46408606

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    FAQs

    What type of property is this?
    Flex space - Multiple Suites, 15,483 SF Vacant
    Where is this flex space located?
    The property is located at 2001-2003 Industrial St Tea, SD.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 20,817 SF flex space available for lease at 2001-2003 Industrial Street, Tea, SD 57064.; Modern design featuring glass garage doors and windows in each of the six suites.; Finished mezzanine space adaptable for offices, conference rooms, or other uses.
    Request Owner's contact information
    2001-2003 Industrial St Tea, SD 57064
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    Tea, SD 57064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2001-2003 Industrial St Tea, SD 57064
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