611 SD-34
611 SD-34, Ft. Pierre, SD — Prime Commercial Investment Opportunity (100% Occupied)
Marketing description
Rare chance to acquire a turn-key 8,960 SF multi-tenant mixed-use commercial building located along highly traveled SD Highway 34 in Ft. Pierre. This property is 100% occupied with a stable, diversified tenant mix and immediate cash flow, making it ideal for an investor seeking a low-management asset and/or 1031 exchange opportunity.
The building is currently leased to three established tenants:
• Our House Child Care – Suite 1 (Approx. 2,632 SF) | Lease through 07/31/2030 (+ option)
• Farmers Mutual of Nebraska – Suite 2 (Approx. 1,456 SF) | Lease through 12/31/2029 (+ option)
• Tibbs Feed Service – Suite 3 (Approx. 2,200 SF) | Lease in place (shorter term)
Income Summary (Scheduled):
• Total Scheduled Rent: $3,900/month | $46,800/year
Lease Structure:
Leases are structured as Modified Gross — tenants are responsible for utilities, while ownership covers property taxes and building insurance.
Investment highlights
• 100% Occupied Multi-Tenant Mixed Use Investment (3 tenants in place)
• Immediate Cash Flow | Total Scheduled Rent: $3,900/month ($46,800/year)
• Modified Gross Leases – Tenants pay utilities; owner pays property taxes & building insurance
• Long-Term Lease Stability: Our House Child Care through 07/31/2030 (+ option) & Farmers Mutual of Nebraska through 12/31/2029 (+ option)
• Strong Visibility Location along SD Highway 34 (approx. 8,600–15,400 vehicles/day per SD DOT traffic data)
• 2009 Construction | 8,960 SF | 1-story building | Fire sprinklers | City water & sewer
• Diversified Tenant Mix: Child care, insurance office, retail/service
• Ideal for 1031 exchange or low-management investment strategy
• Financials, leases & rent roll available upon request
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