Madison Spec Warehouse

489 SE 12th Street Madison, SD

View Spec as PDF

Lease Rate: $4.40/ sq. ft. NNN

Sale Price: $880,000

Building Size: 16,000 sq. ft.

Total Available Space: 16,000 sq. ft.

Suite Size: 16,000 sq. ft.

Property Type: Industrial

Year Built: 2020

Property Description

Property Features

  • Building size: 16,000 sq. ft. (80’ x 200’)
  • Lot size: +/- 3.5 acres (152,440 sq. ft.)
  • Zoning: Light manufacturing district
  • 6 inch concrete floor poured March 2020
  • Two loading docks
  • One 14’ x 14’ roll-up door
  • Side wall height: 20’
  • Large lot, plenty of parking
  • Sprinkler/ fire alarm
  • 3 phase power, 400 amp service with conduit for 1,000 amp service
  • Immediate availability

Pricing

  • Sale price: $880,000 ($55.00/ sq. ft.)
  • Lease rate: $4.40/sq. ft. NNN
  • Estimated NNN expenses: $1.50/ sq. ft.

Location

  • Located in Madison, SD home to Dakota State University
  • Area neighbors include: Raven Industries, Custom Touch Homes, Rosebud Wood Products, Kibble Equipment

Brokers

Marcus Mahlen, CCIM

Senior Vice President

Office Phone: (605) 444-7116

Since joining NAI Sioux Falls, in February, 2017 as a broker associate,  Marcus Mahlen has earned his CCIM designation and is a 2019 Graduate of Leadership South Dakota.

View Marcus's Profile