Property profile

220 Beech Ave Tea, SD 57064

OFF-MARKET
Industrial properties
2,863 SF Built 2024
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Property summary

AI-generated overview

These newly constructed industrial flex condos, located in the Landmark Industrial Park in Tea, South Dakota, offer a range of sizes from 2,863 to 2,952 square feet. The four available units boast modern features designed for optimal functionality and efficiency. Each unit includes a heated warehouse space, two 12-foot-wide by 14-foot-high overhead doors, trench drains, and energy-efficient LED lighting. Units 2 and 3 are particularly well-appointed, featuring mezzanine storage for added vertical space, air-conditioned office areas complete with a breakroom and restrooms. For those seeking customization, units 4 and 5 offer build-to-suit options, allowing for the inclusion of mezzanines, bathrooms, and other desired features to perfectly match specific business needs. The property benefits from a homeowner's association (HOA) that handles lawn care, snow removal, and water services, minimizing operational overhead for owners. Enjoy convenient access to major transportation arteries, with easy connectivity to Highway 106 (Gateway Boulevard) and Interstate 29. Estimated completion is October 2024, making this an excellent opportunity for businesses seeking modern, well-maintained industrial space in a prime South Dakota location. The property is situated at 220 Beech Ave, Tea, SD 57064, in Lincoln County.

Property profile

Verified
Property type Industrial properties
Year built 2024
Total area 2,863 SF

Cap rate & NOI

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

Location

220 Beech Ave Tea, SD 57064
Tea metro
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Value estimations

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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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