Local Market Overview Lemmon, located in Perkins County, South Dakota, is a stable rural community characterized by long-standing residential roots and a strong sense of continuity. With a population base that emphasizes homeownership, the area reflects generational stability and a deeply rooted commitment to place. Though geographically distant from major metropolitan areas, Lemmon functions as a critical regional hub for surrounding agricultural communities. Its local economy is anchored by essential retail and service-oriented businesses that cater to both residents and the broader rural population. The town’s infrastructure is well-aligned with everyday residential needs, reinforcing its role as a dependable center for goods and services in the region. The demographic profile of Lemmon is defined by a mature, self-reliant population that includes a significant proportion of families and older adults. The community places a high value on consistency, practicality, and strong local ties, shaping demand patterns that favor essential services and daily-use retail. While household incomes are modest relative to urban markets, the area benefits from a low cost of living, steady consumer behavior, and minimal transience, supporting a stable economic environment. From a retail investment perspective, Lemmon offers a predictable and durable customer base with limited competitive pressure. The market is especially well-suited for tenants offering healthcare, groceries, automotive services, and other necessity-driven retail formats. These businesses tend to perform consistently within the local landscape, benefiting from both limited alternatives and the community’s reliance on core service providers.