905 Spruce St Mitchell, SD 57301-4866
- Commercial real estate
- 10,466 SF
- 2.39 lot acres
Current Use by Public Records
- Cricket Wireless Authorized Retailer / Cell Phone Store
- Avera Home Medical Equipment - Mitchell / Medical Supply Store
Property Details for 905 Spruce St
- Year built
- 2008
- Lot size
- 2.39 lot acres
- Property size
- 10,466 SF
- Property type
- Commercial real estate
- APN
- 15800-03400-101-20
- APU
- 158000340010120
Description
This exceptional 4,920-square-foot restaurant space is ideally situated within the bustling Mitchell Towne Centre in Mitchell, South Dakota. Located at 905 E Spruce St, 57301, this single-tenant property benefits from a prime location at a signalized intersection, directly across from Walmart and Menards. The existing space features a well-designed layout suitable for a restaurant with dining and bar areas. The property boasts excellent visibility and accessibility, enhanced by its proximity to Interstate 90. This ensures high traffic volume and strong potential for customer reach. The strong co-tenancy includes national retailers such as Walmart, Menards, Cabela's, Dollar Tree, Cato Fashions, Hibbett Sports, Tokyo Japanese Cuisine, DaVita, Culver's, Hardee's, Kelly Inn, Corona Village Mexican Restaurant, and Tractor Supply Company. The lease is structured as a triple net (NNN) lease with a base rent of $22 per square foot, and an estimated NNN expense of $5.00 per square foot. This presents a compelling opportunity for restaurant operators seeking a high-traffic, established location in a thriving retail center within Davison County. The property is categorized as Retail and Restaurant.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $325,000
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Location Insight
- Map
- Local Demand
- City
- Mitchell
- County
- Davison
- State
- South Dakota
- Longitude
- -98.0124
- Latitude
- 43.687
- CBSA code
- 33580
- CBSA name
- MITCHELL, SD MICROPOLITAN STATISTICAL AREA
