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Mitchell, SD NNN Properties for Sale

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Mount Vernon, SD Stickney, SD Huron, SD Parkston, SD
New Retail NNN Ground Lease
Updated: Nov 21, 2024
New Retail NNN Ground Lease

2306 S Mentzer St, Mitchell, SD

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11,480 sqft 2.15 AC lot
Brand New 20‑Year Absolute Triple‑Net (NNN) Corporate Ground Lease
Exceptional Residual Value - Value of Improvements well Exceeds Purchase Price
Enjoy 10 Percent Rental Increases Every Five Years with Six, Five Year Renewals
New High‑Quality 2024 Construction
Pinned between a Super Walmart & Menard's
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchell, SD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Sioux Falls Office Building For Sale
Sioux Falls Office Building For Sale

5002 S Broadband Ln, Sioux Falls, SD 57108

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13,434 sqft

NNN leased office building in established business park.

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Multi-Tenant Strip Center
Multi-Tenant Strip Center

4200 W Empire Pl, Sioux Falls, SD 57106

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10,336 sqft

The center combines service and dining tenancy under a NNN lease structure.

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Arby's Absolute NNN Restaurant
Arby's Absolute NNN Restaurant

3009 Broadway Ave, Yankton, SD 57078

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1.12 AC lot

Brand-new 20-year absolute NNN Arby’s lease with 5% escalations every five years on a Walmart pad site.

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Regional Bank NNN Investment
Regional Bank NNN Investment

2408 N Broadway Ave, Yankton, SD 57078

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4,988 sqft

Single-tenant NNN bank property on a major road, with a regional bank tenant in place.

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Mitchell, SD Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Mitchell, SD on our real estate platform. These investment opportunities span a total of 11,480 square feet of properties for sale.

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Demographics Overview

Population 19K
Population Growth (5Y) +3.7%
Median Household Income $60,671
College Educated 31.5%

Taxes & Financing

Tax Rate (average for all types) 0.83%
Property Tax per SF $12.27 per SF
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mitchell fall within the 5,000 to 10,000 square foot range.

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