Sioux Falls Commercial Real Estate

Income

Federal Express Building

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201 E. Benson Road
Sioux Falls, SD

Space Available: 24,160 sq. ft.

For Sale: $1,670,000

Property Description

  • Fully leased distribution warehouse located in Sioux Empire Development Park Three.
  • Tenant is Federal Express Corporation whose lease expires November 30, 2012.
  • Two five-year renewal options at the end of the current lease term.
  • Tenant pays base rent of $8,858.67 per month plus an additional $1,226.36 per month to amortize tenant improvements for a total of $10,085.03 per month.
  • Triple Net Lease.
  • Steel frame construction.
  • Five overhead doors.
  • Paved, on-site parking with 70 parking spaces including two handicap spaces.
  • Close to Sioux Falls airport.

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