Sioux Falls Commercial Real Estate

Income

Under Contract

Advance Auto Parts Building

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510 E. Havens Avenue
Mitchell, SD

Space Available: 10,160 sq. ft.

For Sale: $1,000,000

Property Description

  • Fully occupied retail strip center on the northeast corner of Havens Avenue and Davison Street.
  • Tenants include Advance Auto Parts, Sudz and Alltel Wireless.
  • 8.66% Cap Rate.
  • Advance Auto Parts occupies 7,000 sq. ft., Sudz and Alltel Wireless occupy 1,500 sq. ft. each.
  • Advance Auto Parts is the second largest auto retailer in the United States.
  • Alltel Wireless, headquartered in Little Rock, Ark., owns and operates the nations largest wireless network.
  • Sudz is a local retail Laundromat and casino.
  • Plenty of on-site paved parking including handicap spaces.
  • Building and Monument Signage.
  • 2005 DOT Traffic count for Burr Street is 13,785 cars per day.
  • Across the street from the new Walgreen’s.
  • Mitchell is located in the geographic center of North America along U.S. Interstate 90. It is home to some of the most prominent manufacturing, distribution and service businesses in the nation.
  • Co-listed with Mitchell Realty, LLC.
  • Financial information will be provided to qualified buyers upon request.

Brokers

Jeff Brooks

Jeff joins NAI Sioux Falls after acquiring experience in the banking, sales and property management fields. Most recently, Jeff worked as a Regional Property Manager for a large property management company located in Sioux Falls, SD.

Learn more about Jeff