Sioux Falls Commercial Real Estate

Income

Burke USDA Building

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845 Main Street
Burke, SD

Space Available: 4,400 sq. ft.

For Sale: $298,500

Property Description

  • 4,400 sq. ft. office building located on the Main Street in Burke, SD.
  • Original building dimension 40’ x 60’ with a 40’ X 50’ addition and remodel of original building in 1995.
  • Fully leased till 9/11/2011 with a five year option.
  • Annual rental Income of $47,707.51.
  • Annual expenses of $13,831.06
  • Net Income of $29,876.45
  • 10% Cap Rate.
  • Located in the rural community of Burke, SD approximately 171 miles southwest of Sioux Falls.

Brokers

Troy Fawcett

Troy joined NAI Sioux Falls after acquiring six years of commercial experience with a competing firm. Troy has completed over 40 million dollars worth of commercial real estate transactions and has established an extensive client list. Troy has achieved both the CCIM and SIOR designations and is committed to learning and networking through these affiliations to the benefit of his clients.

Learn more about Troy