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Mitchell, SD NNN Properties for Sale

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Parkston, SD
New Retail NNN Ground Lease
Updated: Nov 21, 2024
New Retail NNN Ground Lease

2306 S Mentzer St, Mitchell, SD

$1,750,000
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.

Yankton Commercial Investment Opportunity
Yankton Commercial Investment Opportunity

2408 N Broadway Ave, Yankton, SD 57078

$1,600,000
4,988 sqft 1.26 AC lot

High-visibility commercial property leased to a regional bank.

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NNN-Leased Furniture Retail Property
NNN-Leased Furniture Retail Property

2320 Broadway Avenue, Yankton, SD 57078

$1,857,000

Fee-simple NNN investment leased to Furniture Mart USA through December 31, 2030.

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

5002 S Broadband Ln, Sioux Falls, SD 57108

$3,925,000
13,434 sqft

NNN leased office building in established business park.

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Chick-Fil-A Ground Lease Opportunity
Chick-Fil-A Ground Lease Opportunity

4005 W 41st St, Sioux Falls, SD

$3,125,000
4,995 sqft 6.97 AC lot

20-year NNN lease with high-performing Chick-Fil-A.

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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, with an estimated market value of $1,750,000.

Sale prices for triple net lease properties in Mitchell, SD start at $1,750,000, averaging $1,750,000, and reaching up to $1,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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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