Property profile

2301 Enterprise Ave Tea, SD 57064

OFF-MARKET
Warehouses
20,000 SF 1.61 ac lot Built 2022
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Property summary

AI-generated overview

This exceptional Class A industrial property, located at 2301 Enterprise Ave, Tea, SD 57064, offers 20,000 square feet of versatile space, divisible to a minimum of 5,000 square feet with a maximum contiguous space of 10,000 square feet. The building, constructed in 2022, sits on a 1.61-acre lot (70,131 sq ft) and features two suites. Currently, 5,000 square feet is immediately available. The space boasts a 20-foot ceiling height, enhancing storage and operational efficiency. Loading and unloading are facilitated by one loading dock, one dock-high door, and one drive-in door. The property is equipped with 200-amp, three-phase power, ensuring sufficient energy for various industrial applications. Additional features include LED lighting, a convenient office/reception area with HVAC, loft storage above the office, a floor drain in the shop area, and steel-lined walls and ceilings. This prime location, conveniently situated off the Tea exit at Bakker Landing, is ideal for manufacturing, warehousing, distribution, or flex space needs. The property offers a competitively priced lease with low NNN expenses.

Property profile

Verified
Property type Warehouses
Year built 2022
Total area 20,000 SF
Lot 1.61 ac (70,132 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2301 Enterprise Ave Tea, SD 57064
Tea metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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