2643 10Th Ave Watertown, SD 57201
This exceptional 1,872 square foot retail space, built in 2007, is ideally situated in Codington County, South Dakota, at 2643 10th Ave SE. The property boasts a single-tenant occupancy and is currently vacant, presenting a unique opportunity for a business seeking immediate occupancy. The building is zoned for commercial use, offering flexibility for a variety of retail ventures. Its prime location near major retailers like Wal-Mart, along with numerous restaurants, hotels, and other shopping options, ensures high visibility and foot traffic. The asking rent is $9 per square foot, plus NNN (Net, Net, Net) charges. A significant advantage for prospective tenants is the landlord's willingness to negotiate a build-out allowance, contingent upon the acceptance of lease terms. This allowance can significantly reduce initial occupancy costs and allow for customization to suit specific business needs. The entire 1,872 square feet is available, providing ample space for a wide range of retail operations. This property represents a compelling investment opportunity in a thriving commercial area. The property's modern construction (2007) ensures efficient and contemporary space. Interested parties should act quickly to secure this exceptional retail location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.