Sioux Falls Commercial Real Estate

Income

Wessington Springs USDA Building

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510 Dakota Avenue North
Wessington Springs, SD

Space Available: 3,128 sq. ft.

For Sale: $204,500

Property Description

  • 3,128 sq. ft. office features private offices, conference room, storage areas, and large work area.
  • Fully leased till 9/30/08.
  • Annual Rental Income of $35,993.62.
  • Annual Expenses of $13,305 (2005 Expenses).
  • Net Income of $22,493.62
  • 11% Cap Rate.
  • Wessington Springs is a rural community located approximately 128 miles northwest 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