101 Splitrock BlvdBrandon, SD 57005

  • Strip malls
  • 5,639 SF
For Lease
$17.18/SF/YR View listing

Property Details for 101 Splitrock Blvd

Year built
2006
Construction
FRAME
Lot size
0.66 AC
Property size (Sq ft)
5,639 SF
Zone code
NO;SPECIAL NOTE
Property type
Strip malls
Property subtype
Neighborhood centers
APN
21430
APU
21430

Description

This exceptional single-tenant property at 101 N Splitrock Blvd in Brandon, South Dakota, offers 5,639 square feet of versatile space ideal for retail or office use. Built in 2006, this Class B building boasts a convenient single-story design, eliminating the need for elevators. The suite is currently available for lease and features a desirable location at the corner of Holly Blvd and Splitrock Blvd, ensuring high visibility and accessibility. The space itself measures approximately 22 feet by 22 feet, offering ample room for various business configurations. Benefit from abundant natural light with south-facing windows and a convenient east-facing entrance. Enhance your brand presence with building and monument signage opportunities. Lease terms are flexible, ranging from 2 to 5 years, with a 3% annual escalation clause. Estimated monthly net, net, net (NNN) expenses are $384. The property's zip code is 57005. This is a fantastic opportunity to establish your business in a thriving Brandon location. Inquire today to learn more about this exceptional retail/office space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,262,235
    6.5%
    $1,165,140
    7%
    $1,081,916
  • Comparable approach

    Method
    Valuation
    Relative Method
    $725,293
    Geo Method
    $725,293
  • Alternative Use

    Use
    Valuation
    Residential
    $982,839
    Hospitality
    $900,275
    Educational
    $749,019
    Medical
    $774,778
    Retail
    $1,165,140

Location Insight

City
Brandon
County
Minnehaha
State
South Dakota
Latitude
43.595
Longitude
-96.5729
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,520
$136,800
$560,300
$697,100
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-
-
-

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