Listed by NAI Sioux Falls
$595,000
314 S. Henry Street
Details
Property Type Office
Sub Type Executive Office, Office Building
Square Footage 8,900
Units 2
Cap Rate 9.19%
NOI $54,694
Occupancy 100%
Tenancy Multi
Brand/Tenant USDA Veterinary Services, Birthright
Price per SqFt $67
Class C
Year Built 1969
Year Renovated 1990 and 2003
Acreage 0.570
Zoning Central Business
Investment Type Stabilized
314 S. Henry Street, Pierre, SD 57501
Marketing description
Located between Dakota Avenue and Sioux Avenue on Henry Street Current tenants include USDA Veterinary Services & Birthright Area neighbors include Verizon, Hardee's, Guadalajara Mexican Restaurant, Quality Inn, Dairy Queen, Lynn's Dakotamart
Investment highlights
- Fully leased office building - investment opportunity
- North suite offers ample private offices and open work areas along with storage and private restrooms
- South suite has 3 private offices and a large open work area with private restrooms and storage
- Parking lot on the southwest side of the building (separate parcel) is included - 324 S. Henry Street
- Additions built in 1990 and 2003
Listing Contacts
Listed by NAI Sioux Falls
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,694.00
$4,557.83/mo
Valuation Metrics
0
DSCR
9.19%
Cap Rate
9.19%
ROI
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