Huron SD 57350

The property enjoys frontage on Dakota Avenue (S.R. 37), the main North-South traffic artery of Huron, SD.

Dakota Marketplace features functional contemporary design with good visibility, ingress/egress, generous parking and signalized access to approximately 9,876± cars per day along Dakota Ave (S.R. 37). The center benefits from cross-shopping with Walmart Supercenter and Runnings – a local retailer similar to Tractor Supply. With a long, stable operating history and the benefit of a strategic location and retailers, the property offers investors a reliable high-quality income stream and the opportunity for income growth with conservative fundamentals.

• Shadow-anchored by Walmart Supercenter serving a large trade area and consistently generating a high volume of consumer traffic – the average Supercenter parking lot receives 2,500 trips per day. Walmart is the largest retailer in the world.
• Runnings – additional shadow anchor, a large general store with farm supplies, sporting goods and apparel. Family-owned Runnings was established in 1947 and operates 45 stores in the upper Midwest.
• Well located on Dakota Avenue (S.R. 37) with 9,786 VPD traffic count.
• Consistently High Occupancy - currently 95%, and featuring an established, stable tenant mix including both national and local tenants.
• Strong demographics with 19,392± population within a 20-mile radius, with average household income at $67,565±.
• High-quality Improvements constructed in 2008 limits Landlord’s capex exposure.
• Conservative Economics with $11.40/SF average rent PSF and $133 price PSF.