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1134 Princeton St
Vermillion, SD 57069

$1,700,000 USD

Storefront For Sale  •  10,800 SF

Property Details

  • Property Type Storefront
  • Total Building Size 10,800 SF
  • Year Built 2024
  • Cap Rate 5.00 %
0 Transit Score
43 Walk Score

Highlights

Long term primary lease (±19 years remaining)
Brand new high quality construction
Extremely low rent
Absolute NNN Ground Lease - no landlord responsibilities
Rental increases every 5 years to hedge against inflation
Les Schwab Tire Centers has over 500 locations across 13 states in the Western U.S.

Property Flyers

Cap Rate: 5.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Les Scwab
Chris Hollenbeck 602-538-7155 Cushman & Wakefield
Chris Hollenbeck 602-538-7155 Cushman & Wakefield