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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

120 Co Hwy Tea, SD 57064

Built 2023
Property ID
Property summary
AI-generated overview

This stunning new Class A office building, The Radius, offers flexible spaces in Tea, South Dakota, ranging from 758 to 2,131 contiguous square feet. Located at 120 Co Hwy 106, near Heritage Parkway, this four-story building boasts a prime location within a thriving mixed-use community. The Radius features four total suites available for lease in a variety of configurations suitable for traditional, executive, medical, or creative office uses. Built in 2023, this modern building provides tenants with the opportunity for tenant build-out to perfectly suit their needs. Benefit from a built-in customer base with 30 residential units located above the commercial space. Enjoy excellent visibility and signage opportunities, with the potential for additional enclosed garage parking. The Radius is situated in a high-traffic area with convenient access to numerous amenities, including Subway, Fareway Foods, Hy-Vee Dollar Fresh, Dairy Queen, and Ace Hardware. Current tenants include Dakota Drafting and Design and Bulk Conveyors, establishing a strong and diverse business community. This location offers exceptional access to residents of Tea, Harrisburg, and Sioux Falls, expanding your potential customer reach. The property is in Lincoln County, South Dakota, zip code 57064.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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