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Morgan Square

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1101 S. Broadway Street
Yankton, SD

Space Available: 47,953 sq. ft.

For Sale: $4,000,000

Property Description

  • Take advantage of the safety in multiple tenants and ability to participate in rental increases.
  • 84% occupied.
  • Initial Cap Rate is 8.4%.
  • Approximately $200,000 tax credit.
  • Retail/office center on 4.80 acres located on S. Broadway Avenue in Yankton, SD.
  • Four individual buildings .
  • Paved, on-site parking with 208 spaces including handicap parking.
  • High traffic location.
  • Tenants include Scott Family Dentistry, Invest 360, EZ Payday Advance, Vixen Salon, Fastenal, South Dakota Southeast Tourism, Quizno’s Salon Amore, South Point Gaming Lounge, Orthopedic Institute, Stepping Stones, Linda’s Angel Crossing, PSI Healthcare, Farm Bureau Financial Services, and Lewis & Clark Family Medicine.
  • Financial information will be provided to qualified buyers upon request and a signed confidentiality agreement.

Brokers

Troy Fawcett, CCIM, SIOR

Vice-President

Troy is one of the senior agents with NAI Sioux Falls with over 10 years experience in the Sioux Falls Commercial real estate market. Troy has completed over 75 million dollars worth of commercial real estate transactions and is a very creative and capable agent with a deep knowledge of the local market. 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
View Troy's listings here