Tritz Warehouse

1820 N. Industrial Avenue Sioux Falls, SD

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Lease Rate: $4.90/ sq. ft. NNN

Sale Price: Price Reduced: $2,695,000

Total Available Space: 55,500 sq. ft.

Suite Size: 17,500 - 55,500 sq. ft.

Property Type: Industrial

Property Description

Property Features

  • Approximately 55,500 sq. ft. of cold storage space available in a multi-tenant distribution warehouse, the owner would consider heating the cold storage area with qualified lease terms
  • May be divided to a minimum of 17,500 sq. ft.
  • Approximately 1,000 sq. ft. office space
  • Three overhead doors - 14’ X 14’, 12’X 12’ & 10’ X 10’
  • Two dock platform space for five trailers
  • Possible rail access
  • 3-phase power
  • New roof, insulation, siding, and dry sprinkler system
  • Immediate occupancy

Pricing

  • List price: $2,695,000 ($49.00/ sq. ft.)
  • Lease rate is $4.90/sq. ft. NNN
  • Estimated NNN expenses: $0.45/sq. ft.

Location

  • Located on the southeast corner of W. Blackhawk St. and N. Industrial Ave in the Airport Industrial Park

Brokers

Bill Connelly

Vice President

Office Phone: (605) 444-7130

Bill Connelly, Vice President with NAI Sioux Falls has been with the firm since 2008.  Bill’s primary area of expertise is the representation of sellers/landlords and buyers/tenants in the sale and leasing of industrial and investment properties. Bill’s attention to detail and ability to bring people together to get things done proves to be an asset for creating positive results for his clients. Bill maintains a strong network of owners, tenants and brokers. He handles every step of the real estate process for his clients, including telephone prospecting, site searches, and negotiating final lease or purchase agreements.

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