207 East Hwy 18, Gregory, SD, 57533

207 East Hwy 18 Gregory, SD 57533

207 East Hwy 18, Gregory, SD, 57533
207 East Hwy 18, Gregory, SD, 57533 207 East Hwy 18, Gregory, SD, 57533
FOR SALE
Property Type:
Street Retail
Amount:
$999,750
Last Verified:
Jan 30, 2025

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Highlights

  • Build-to-suit construction in 2014
  • Approx. 4.5 years remaining on the lease term, which expires on July 31, 2029
  • Four (4) 5-Year Options to renew at a 10% increase
  • Double Net (NN) Landlord responsible for Roof & Structure
  • The site on situated along the main Highway in Gregory, SD
  • Gregory is home to a modest population, offering a quiet and close-knit community atmosphere
  • South Dakota is an income tax-free state
  • Dollar General Corporate Guarantee (NYSE: DG)

Description

Offered at $999,750 at an 8.00% Cap Rate, this Dollar General has been operating and serving the community at this site since 2014. It is a classic 9,100 sq. ft. structure with more than ample parking in an extremely large lot that is approx. 1.59 acres. This site is just blocks away from S. Main Street that is the central thoroughfare in Gregory.

Gregory, South Dakota, is a small city located in the southeastern part of Gregory County in the south-central region of the state. It is close to the Missouri River that provides a significant geographical and recreations feature in the region. It is situated in an area known for its rolling plains and agricultural landscapes. This Dollar General is approx. 1.59 acres and is the main essential goods, discount, and variety store in the general area.


Year Built: 2014
Building Size: 9100sq ft
Lot Size: 1.59 acres


Documents

Slate OM (L)

Map of 207 East Hwy 18, Gregory, SD, 57533

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