Property Listing No Longer Available for Sale

2620 Sheridan Lake road, Rapid City, SD

Office for Sale - $1,300,000 - 3,245 Sq. Ft. on 1 acres


Property Info

CIMLS#1033984
Location
  2620 Sheridan Lake road
  Rapid City SD 57702
UpdatedFebruary 12th, 2019
TypeOffice
Price$1,300,000
Building3,245 Sq. Ft.
Land1 acres

Property Description

Retiring owner has chosen to offer for sale, his beautiful building and former offices (now totally leased to 4 excellent and qualified tenants). Three tenants have been long term occupants. One tenant, located on the main floor of this building occupied this 2,300+ s.f. area for the past 15 months. All tenants are continuing occupancy on long term leases. Located in Creekside Professional Plaza, a well known Rapid City development, this sale includes Unit B and 19.52% of the common area of the Plaza. Built in 1987, you will find the entire facility in excellent condition and well maintained. Recent improvements to the Professional Plaza include expanded parking, signage and electronic sign at Sheridan Lake Road and Jackson Boulevard. This facility boasts of an excellent return on investment, with extensive escrows for maintenance of building and grounds. Master Deed for the ownership in the Creekside Professional Plaza is available


Financials