Modern & Beautiful Office w Warehouse - Wired for Digital

Office for Sale
Catylist Listing ID: 30665794
Property Subtypes: Business Park, High-Tech, Flex Space, Office Building
Building Size (RSF): 10,000 SF
Gross Building Area: See Agent
Gross Land Area: 2.12 Acres
Sale Price: $379,000
Unit Price: $37.90 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Class of Space: Class B
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 6/10/2021

Overview / Comments

We have ready for you an efficient, economical and eco-friendly facility with modern electrical and computer network infrastructure installed throughout. It's an ideal spot for a variety of business models, from technology companies to fulfillment facilities to international call centers. The building would be great for offices, retail, light industrial, a call center, even a church! Ten thousand square feet of showroom, office, warehouse, conference and flex space on over 2 acres with ample parking and easy highway access.

This is a one of a kind Architect-designed building that will leave you completely in awe! 10,000 sq feet with 2 large conference rooms, 3 large work rooms . (room for 90 workstations) 5 private offices. Not to mention the gorgeous lobby area with curved walls, painted art deco accent walls and several paneled lighted walls. There is plenty of natural light coming in from the sky lights and windows as well. The kitchen/ break area is extremely large with a locker system and an exit leading to a very nice courtyard. This property even has its own large parking lot. This building is part of an existing building that is 20,000 sq feet and is occupied. The property has and additional 2.12 acres that can be developed.

Additional Details

Nearest MSA: Vermillion
County: Clay
Property Visibility: Good
Highway Access: Visible from the highway, quick and easy to get to.
Site Description: Commercial Office or Retail or Light Industrial Business, Industrial, Office Multi-Tenant, Single Tenant
Area Description: As home of the University of South Dakota, Vermillion is home-away-from-home to many smart students who work hard at competitive rates. With low costs of doing business and great local resources, entrepreneurs developed fantastic facilities with the help of a prestigious architect.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Year Built: 1972
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Concrete
Parking Type: Surface
Total Parking Spaces: 40

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,681 10,967 12,018
Median Age: 26.92 26.94 28.33
Households: 2,024 3,964 4,367


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