1108 W Cedar St - Storefront FOR SALE
Beresford, SD 57004 |
754-216-1154
1108 W Cedar St
Beresford, SD 57004
HIGHLIGHTS
- Ideal for both investors and owner-users, with the vacant anchor space offering immediate leasing potential.
- Anchored by Subway, alongside a diverse mix of local service-oriented businesses including Carlson's Heating & Cooling Etc.
- Significant upside through the former Family Dollar vacancy, multiple month-to-month tenants, and the ability to increase occupancy.
- Acquire a 22,050 SF shopping center built in 2004 at an attractive basis, well below replacement cost, providing long-term value for investors.
- Strategically positioned at the interchange of I-29 and Highway 46, providing excellent visibility, easy accessibility..
- The property serves an affluent trade area with an average household income of ~$92,000 within a 5-mile radius, supporting long-term demand.
OVERVIEW
We are pleased to exclusively offer for sale or for lease the 22,050 SF Starlite Plaza, located at 1108 W Cedar Street in Beresford, SD. The property presents a compelling value-add opportunity, with significant upside through the former Family Dollar vacancy, multiple month-to-month tenants, and the potential to increase occupancy and optimize rental rates. This combination provides investors with multiple avenues to enhance cash flow and unlock additional value over time, making Starlite Plaza an attractive investment opportunity.
In Cooperation With ParaSell, Inc. , A Licensed South Dakota Broker – Lic. #SD #15266 BoR: Scott Reid – Lic. SD #18503
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Starlite Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Storefront Retail/Office, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2004
SPRINKLERS
-
PARKING SPACES
64
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
74,052 SF
ZONING
C
APN/PARCEL ID
260.50.31.005
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754-216-1154
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754-216-1154
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