4711 S I-90 SERVICE RD $3,400,000


    4711 S I-90 SERVICE RD Box Elder, SD 57701

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    • 26,300 sq. ft.
    • 2.46 Acres
    • Commercial
    • MLS# 160956
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    Views: 125 Days On Site: 152

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    Property Details

    Single Tenant NNN Investment Opportunity! This 26,300sf building sits on 2.46 acres with excellent exposure and frontage on Interstate 90.  The property is currently occupied by Arctic Glacier Ice Company.  Approximately 17,000sf of the building is refrigerated/freezer storage.  The remaining 1/3 of the building will be converted by the tenant to additional freezer storage and ice production.  Arctic Glacier signed a new 15 year lease in April 2022 and will occupy 100% of the building by November 15, 2022. New roof coating to be installed in September. Landlord responsibilities are limited to only roof, structure and HVAC replacement. 6% cap rate on year 1 with 2.5% annual increases. Very rare hands off investment opportunity. Listing by Chris Long, Keller Williams Realty Black Hills, 605-939-4489.

    • General Features
      • Compensation to Buyers Agent 1.5
      • Auction Y/N No
      • Area Box Elder
      • Sale/Rent For Sale
    • Building Features
      • Basement None
      • COOLING Central
      • Exterior Walls Metal
      • FLOOR COVERING Concrete,Tile,Carpet
      • Foundation Poured
      • Heating Gas, Electric
      • INTERIOR WALLS Sheetrock,Metal
      • Office SqFt 4000
      • Rent SqFt $7.75
      • ROOF TYPE Metal
      • SqFt Total1 26300
      • Warehouse SqFt 22300
    • Property Features
      • PARKING Gravel/Off-Street
      • ROAD FRONTAGE Interstate,Highway,Major Artery






    Primary: 605-939-4489


    57701 (Box Elder) Demographics

    36 Median Age
    665 Population Density (per sq. mile)
    37% College Educated
    $46,690 Estimated Median Income
    10,511 Estimated Total Home Owners
    7,525 Estimated Total Renters
    58% / 42% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    47,155 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $295,000 Median Sales Price
    9 Homes Sold
    100 New On Market

    Average Days on Site

      Properties for Sale

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,400,000
        1/23/2023 3:23:19 PM Status Changed Source: Multiple Listing Service New Value: U/C TAKE BACK UPS
        12/7/2022 10:23:11 AM Status Changed Source: Multiple Listing Service New Value: ACTIVE
        11/14/2022 1:38:18 PM Status Changed Source: Multiple Listing Service New Value: U/C TAKE BACK UPS
        9/5/2022 5:38:00 PM New in Database Source: Multiple Listing Service New Value: $3,400,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.