1820 5Th Ave Belle Fourche, SD 57717

This exceptional investment opportunity presents a 12,180 square foot retail property in Belle Fourche, South Dakota, featuring a Family Dollar and a Pizza Hut. Built in 2005, this single-story building sits on one acre of land and boasts 100% occupancy with two tenants under a multi-tenant net lease structure. The Family Dollar lease is a double net (NN) lease with a remaining term of 4.5 years, including five 5-year renewal options with 10% rent increases at each option. The Pizza Hut lease is an absolute NNN lease with a remaining term of 5 years and a 5-year renewal option, featuring annual rent increases. The property offers a strong 7.00% cap rate and a substantial net operating income (NOI) of $84,040, with an asking price of $1,200,600 ($98.57 per square foot). Both tenants provide corporate lease guarantees. This is a low-maintenance, high-return investment with significant upside potential due to built-in rent bumps. The property is located at 1820 5th Ave, Belle Fourche, SD 57717.