1409 N K Ave - Warehouse FOR SALE


Sioux Falls, SD 57104
$1,950,000 USD
605-376-1903
1409 N K Ave, Sioux Falls, SD for Sale
$1,950,000 USD
Warehouse - FOR SALE
1/24
null | Request Cap Rate

1409 N K Ave
Sioux Falls, SD 57104


HIGHLIGHTS

  • Building 'A' offers a flex setting with 2 private offices, open work area, restrooms, and dedicated shop areas
  • Building 'B' is a fully insulated open storage building with 1 OH door; Outdoor fenced yard space
  • Active on-site rail spur with connectivity to the BNSF Railway network
  • Offers immediate income with a portion of the land leased to a good credit tenant through 2027; which may be assumed by the buyer
  • Available for immediate occupancy
  • Nearby amenities include the Sioux Falls Regional Airport, Elmwood Golf Course, Crooked Pint Ale House, Casey's, Burger King, Great Shots, etc.

OVERVIEW

Opportunity to purchase an industrial property within the Airport Industrial Park in central Sioux Falls, just north of Russell Street. Russell Street serves as a primary east-west transportation route supporting semi and distribution traffic, with direct access to Downtown Sioux Falls and FSD Regional Airport. The surrounding corridor is anchored by established users including Prairie Farms, Runnings Distribution, and the SD Air National Guard. The offering includes two industrial buildings with dedicated office space, and fenced outdoor yard space. The property offers immediate income with a portion of the land currently leased to a good credit tenant through 2027; which may be assumed by the buyer.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Caballo Industrial Investment

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.04

LAND SF

175,808

ZONING

I-1 Light Industrial

APN/PARCEL ID

24598

ASK ABOUT THIS PROPERTY

Kristen ZuegerLloyd CompaniesMore Info
605-376-1903

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Kristen ZuegerLloyd CompaniesMore Info
605-376-1903

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.