864 Sd-44 Winner, SD 57580
- Retail properties
- 11,200 SF
- 1.16 lot acres
Current Use by Public Records
- Retail properties
Property Details for 864 Sd-44
- Year built
- 2006
- Lot size
- 1.16 lot acres
- Property size
- 11,200 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a 11,200 square foot Family Dollar Tree retail property located at 864 SD-44, Winner, SD 57580, in Tripp County. Built in 2006, this single-story building sits on a 1.16-acre lot and boasts a strong 11.57% cap rate, generating a substantial net operating income (NOI) of $88,514. The asking price is $765,030, translating to $68.31 per square foot. The property benefits from a recently renovated Family Dollar to Combo Store configuration and is currently receiving percentage rent payments. Furthermore, the average household income within a one-mile radius exceeds $73,000, indicating a robust consumer base. 2023 store sales reached $1.8 million, demonstrating the location's strong performance and potential for continued growth. This is a turnkey investment opportunity with a proven track record and significant upside potential in a thriving market. The property's convenient location and established tenant provide a stable and attractive investment profile. The combination of a high cap rate, strong NOI, and significant sales figures makes this a compelling opportunity for investors seeking a reliable and profitable retail investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winner
- County
- Tripp
- State
- South Dakota
- Longitude
- -99.8449
- Latitude
- 43.3768
