1001 12th St SE

Madison, SD 57042

Listing ID: 231547

$4.40 (SF / Year)

For Lease

Property Type Industrial for Lease : Warehouse
Unit Sq Ft 16,000
Annual Rate/Sq Ft $4.40
Monthly Price $5,866.00
Service Type NNN

1001 12th St SE Madison, SD 57042 - main image

Description

Building size: 16,000 sq. ft. (80’ x 200’)
Lot size: +/- 3.5 acres (152,440 sq. ft.)
Zoning: Light manufacturing district
6 inch concrete floor poured March 2020
Two loading docks
One 14’ x 14’ roll-up door
Side wall height: 20’
Large lot, plenty of parking
Sprinkler/ fire alarm
3 phase power, 400 amp service with conduit for 1,000 amp service
Immediate availability
Pricing
Sale price: $880,000 ($55.00/ sq. ft.)
Lease rate: $4.40/sq. ft. NNN
Estimated NNN expenses: $1.50/ sq. ft.
Location
Located in Madison, SD home to Dakota State University
Area neighbors include: Raven Industries, Custom Touch Homes, Rosebud Wood Products, Kibble Equipment

Attachments & Files

madison-laic-spec-building-XoB-C4a.pdf

Listing Demographics for 1001 12th St SE Madison, SD 57042

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		807	6,272	8,402
Population Median Age		43	39	40
Population by Age	0-9 Yrs	98 (12%)	717 (11%)	902 (10%)
	10-19 Yrs	57 (7%)	926 (14%)	1350 (16%)
	20-29 Yrs	120 (14%)	982 (15%)	1221 (14%)
	30-39 Yrs	100 (12%)	839 (13%)	1091 (12%)
	40-49 Yrs	46 (5%)	395 (6%)	563 (6%)
	50-59 Yrs	122 (15%)	730 (11%)	986 (11%)
	60-69 Yrs	169 (20%)	860 (13%)	1189 (14%)
	70+ Yrs	94 (11%)	823 (13%)	1099 (13%)

Median HH Income		$48,396	$55,199	$57,453
Total Household Income	< 24K	109 (33%)	532 (24%)	638 (22%)
	25-49K	57 (17%)	376 (17%)	475 (16%)
	50-74K	57 (17%)	538 (24%)	714 (24%)
	75-99K	61 (18%)	378 (17%)	516 (17%)
	100-199K	38 (11%)	279 (12%)	425 (14%)
	200K+	3 (0%)	76 (3%)	123 (4%)

Highest Education Level	No Diploma	91	479	597
	Diploma or GED	179	1422	1857
	Some College	117	664	879
	Assoc. Degree	25	227	318
	Bachelors Degree	126	906	1269
	Higher Degree	57	362	506

Total Housing Units		344	2,491	3,425
--Owner-Occupied		171	1,328	1,908
--Renter-Occupied		154	851	983
Owner-Occupied Values	< 100K	77	451	614
	100-199K	74	543	724
	200-299K	19	229	345
	300-399K	1	64	119
	400-499K	0	7	24
	500K+	1	34	82

Total Working Age Population		663	5,087	6,829
In Work Force		450	3,367	4,543
Not In Work Force		213	1,720	2,286
Workforce Employed		438	3,210	4,341
Workforce Unemployed		12	142	176
Civlian Workforce		450	3,352	4,517
Military Workforce		0	16	26

Total Households		325	2,179	2,890
Family Households		172	1,282	1,752
Non-Family Households		153	897	1,138
Married Couple		163	1,153	1,559
Other Family		8	128	194
Married w/Child		67	507	651
Single Male w/Child		0	27	43
Single Female w/Child		5	57	72

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
South Dakota	754,844	+8	814,180	+9	889,447	+7	951,885
Lake County	11,276	-1	11,200	+5	11,732	+4	12,151

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.