Sioux Falls Commercial Real Estate

Income

Industrial Warehouse

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1015 W. Blackhawk Street
Sioux Falls, SD

Space Available: 35,125 sq. ft.

For Sale: $1,200,000

Property Description

  • Fully leased distribution warehouse located in the Airport Industrial Park.
  • Priced at just $34/sq. ft. with tenant in place.
  • Below market rent at $3.00/sq. ft. NNN.
  • Leased until September 30, 2009 at an annual lease rate of $105,375.
  • 8.78% Cap Rate
  • Close to airport, I-29 and I-90.
  • 3-phase power.
  • Four dock high doors, two with dock seals.
  • One 10 X 12 overhead door.
  • Wet fire sprinkler system.
  • Rail access.
  • Owner is a South Dakota licensed Real Estate Broker.

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.