Thomas Ave Tea, SD 57064
- Retail properties
- 10,419 SF
Current Use by Public Records
- Retail properties
Property Details for 0 Thomas Ave
- Property size
- 10,419 SF
- Property type
- Retail properties
Description
This exceptional to-be-constructed retail center, situated at the high-traffic corner of Thomas Avenue and Gateway Boulevard (Highway 106) in Tea, South Dakota, offers unparalleled visibility and accessibility. Boasting a total of 10,419 square feet, the center provides flexible layouts accommodating spaces ranging from 1,250 to 10,419 contiguous square feet, perfect for a variety of retail uses. The property features a drive-thru opportunity, ample building and monument signage, and a generous tenant improvement allowance of $25 per square foot. Rental rates are competitively priced at $26 per square foot NNN for interior spaces and $30 per square foot NNN for end-cap spaces. Enjoy convenient access to Interstate 29 and Veterans Parkway (SD 100), benefiting from Gateway Boulevard's impressive daily traffic count exceeding 12,000 vehicles. The location is further enhanced by its proximity to established retailers, restaurants, bars, and Marv Sky Airport. Three-quarter access onto Thomas Avenue provides excellent ingress and egress. This prime retail space is scheduled for completion in Fall 2025, presenting a unique opportunity to establish a thriving business in a rapidly growing area. The entire 10,419 square feet is currently available.
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
- Tea
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.8101
- Latitude
- 43.4626
