Giving Hope Bingo Center
Mixed Use | 13,536 SqFt
Marketing description
Incredible multi-purpose facility for sale located near the intersection of Western Avenue and Burnside Street – approximately 4 blocks from the Denny Sanford Center and Sioux Falls Convention Center.
Property is being sold as an investment opportunity with the current Tenant having over 5 years firm term remaining on their lease agreement. Contact listing Broker for additional information. The sale price represents a 7% capitalization rate.
14,000 square feet of high-quality office, retail or institutional type space constructed in 2001.
Sale price represents a value of $186 PSF – far below replacement cost.
Land contains 2.61 acres and/or 113,620 sqaure feet.
The adjacant 1.4 acres and/or 60,984 square feet is also avaialble for sale. A cross-easement agreement for access will be filed in the event the subject property and adjacent property as not sold to the same party.
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