SHOPKO PLAZA; SHOPKO PLAZA I & SHOPKO PLAZA II. This 100% lease commercial development is located at the SE corner of Arrowhead Pkwy & Sycamore Ave. Solid long term tenants of varying lengths many with renewal options. Includes two land leases to Shopko & Liberty Bank. Great tenant mix! All leases are NNN, with one exception. Most major components have been replaced including rubber roofs and HVAC systems. Very little deferred maintenance. This well managed development fronts on Arrowhead Pkwy with over a 20,800 traffic count per day. Additional land included for future expansion. Annual Gross revenue exceeds $625,000. Price calculated at a 7% CAP based upon currently NOI.
Off market
$438,100
4501 E Arrowhead Pkwy, Sioux Falls, SD 57110
--beds
22baths
--sqft
SingleFamily
Built in 1989
15.04 Acres Lot
$438,100 Zestimate®
$--/sqft
$1,766 Estimated rent
What's special
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