1101 Broadway AveYankton, SD 57078

Property Details for 1101 Broadway Ave

Year built

2005

Lot size

0.77 AC

Property size (Sq ft)

9,960 SF

Property type

Retail properties

Property subtype

Strip malls

APN

78.090.003.030

APU

78090003030

Description

Morgen Square offers 1,748 square feet of Class A executive office space for lease. Located at 1101 Broadway Avenue in Yankton, South Dakota, this property boasts a highly visible location on Highway 81, benefiting from significant daily traffic volume of 17,674 vehicles. The building, constructed in 2005, totals 45,656 square feet and sits on a 4.8-acre lot in Yankton County. This multi-tenant building provides a strong sense of community with established businesses already in place, including Jimmy John's, Domino's, Fastenal Fulfillment Center, South Point Gaming Lounge, and the Orthopedic Institute. The available space presents an excellent opportunity for businesses seeking a prominent location with high visibility and convenient access. The property's Class A designation reflects its high-quality construction and amenities. This is an exceptional opportunity to establish a presence in a thriving Yankton business community. The available space is 1,748 square feet, ready for immediate occupancy. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $2,289,896

  6.5%

  $2,113,750

  7%

  $1,962,768

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,281,063

  Geo Method

  $1,281,063

• Alternative Use

  Use

  Valuation

  Residential

  $1,783,028

  Hospitality

  $1,633,244

  Educational

  $1,358,840

  Medical

  $1,405,572

  Retail

  $2,113,750

Location Insight

City

Yankton

County

Yankton

State

South Dakota

Latitude

42.8819

Longitude

-97.3972

CBSA code

49460

CBSA name

YANKTON, SD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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