Retail Space / South Dakota / Watertown / 57201 / 420 10th Avenue Northeast

420 10th Avenue Northeast

Q: What is the asking price for 420 10th Avenue Northeast in Watertown?

The asking price for 420 10th Avenue Northeast is $1,737,000

Q: What is the building size of this Retail property in Watertown, SD?

The size of the building/unit at 420 10th Avenue Northeast in Watertown is 9,026 square feet.

Q: How much land does the Watertown, SD property at 420 10th Avenue Northeast include?

420 10th Avenue Northeast in Watertown includes 1.050 acres of land.

Q: What kind of Retail is the propery at 420 10th Avenue Northeast?

The property at 420 10th Avenue Northeast Watertown, SD 57201 is listed as a Free Standing Building Retail property.

Q: What is the population within 1 mile of 420 10th Avenue Northeast?

The population within 1 mile of 420 10th Avenue Northeast Watertown, SD 57201 is 7,558 people.

Q: Who do I contact for questions about 420 10th Avenue Northeast?

You should contact the listing agent, John Andreini , for any details regarding this commercial listing.

Watertown, SD 57201

Listing ID: 259450

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Building Size: 9,026 SF

Lot Size: 1.050 AC

Land Size: 45,738 SF

Building $/SF: $192.44

Land $/SF: $37.98

Price

$1,737,000

Description

An absolute NNN Dollar General in Watertown, SD
The property is a new construction store and features a 15-year primary lease term (14+ years left) with five, 5-year options to extend at increased rents (10% every 5 years during option terms). The lease is backed by a corporate guaranty from Dollar General, #123 on the Fortune 500 list of companies. Additionally, the absolute NNN lease structure means that there are zero landlord expense or maintenance obligations, providing an investor with a “hands-off” investment.
Dollar General generated $33.75 billion in 2020 fiscal year sales and net income of $2.66 billion. Dollar General currently operates over 17,000 stores in 46 states, making it the country’s largest small-box discount retailer. The company has an S&P rating of BBB, which has been raised five times since 2009, and is a better credit rating than its main competitors.

Attachments & Files

dollar-general-watertownsd-184-QH4.pdf

Points of Interest & Demographic Radii

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POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

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Listing Demographics for 420 10th Avenue Northeast Watertown, SD 57201

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		7,558	18,471	22,361
Population Median Age		39	39	40
Population by Age	0-9 Yrs	1020 (13%)	2554 (13%)	3022 (13%)
	10-19 Yrs	801 (10%)	2209 (11%)	2630 (11%)
	20-29 Yrs	1204 (15%)	2737 (14%)	3049 (13%)
	30-39 Yrs	956 (12%)	2328 (12%)	2866 (12%)
	40-49 Yrs	837 (11%)	1980 (10%)	2334 (10%)
	50-59 Yrs	952 (12%)	2330 (12%)	3096 (13%)
	60-69 Yrs	865 (11%)	2004 (10%)	2537 (11%)
	70+ Yrs	923 (12%)	2329 (12%)	2827 (12%)

Median HH Income		$52,230	$48,349	$52,485
Total Household Income	< 24K	849 (25%)	2097 (25%)	2227 (22%)
	25-49K	792 (23%)	2176 (26%)	2526 (25%)
	50-74K	631 (18%)	1530 (18%)	1842 (18%)
	75-99K	577 (17%)	1261 (15%)	1574 (15%)
	100-199K	413 (12%)	965 (11%)	1389 (14%)
	200K+	124 (3%)	266 (3%)	325 (3%)

Highest Education Level	No Diploma	649	1228	1388
	Diploma or GED	1713	4418	5320
	Some College	974	2605	3031
	Assoc. Degree	585	1629	2133
	Bachelors Degree	932	1989	2623
	Higher Degree	406	634	808

Total Housing Units		3,588	8,799	10,730
--Owner-Occupied		1,976	4,683	6,030
--Renter-Occupied		1,410	3,612	3,852
Owner-Occupied Values	< 100K	330	988	1233
	100-199K	1051	2213	2412
	200-299K	425	1033	1412
	300-399K	132	306	588
	400-499K	22	56	140
	500K+	17	87	245

Total Working Age Population		6,059	14,733	17,850
In Work Force		4,199	10,320	12,504
Not In Work Force		1,861	4,412	5,346
Workforce Employed		4,145	10,052	12,195
Workforce Unemployed		54	255	293
Civlian Workforce		4,199	10,308	12,489
Military Workforce		0	13	15

Total Households		3,386	8,295	9,882
Family Households		1,758	4,587	5,821
Non-Family Households		1,628	3,708	4,062
Married Couple		1,395	3,457	4,533
Other Family		362	1,130	1,287
Married w/Child		560	1,396	1,752
Single Male w/Child		0	53	70
Single Female w/Child		191	680	741

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
South Dakota	754,844	+8	814,180	+9	889,447	+7	951,885
Codington County	25,897	+5	27,227	+6	28,932	+4	30,204
Grant County	7,847	-6	7,356	-5	6,962	-5	6,628

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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.

Common Questions and Answers

What is the asking price for 420 10th Avenue Northeast in Watertown?

The asking price for 420 10th Avenue Northeast is $1,737,000

What is the building size of this Retail property in Watertown, SD?

The size of the building/unit at 420 10th Avenue Northeast in Watertown is 9,026 square feet

How much land does the Watertown, SD property at 420 10th Avenue Northeast include?

420 10th Avenue Northeast in Watertown includes 1.050 acres of land

What kind of Retail is the propery at 420 10th Avenue Northeast?

The property at 420 10th Avenue Northeast Watertown, SD 57201 is listed as a Free Standing Building Retail property

What is the population within 1 mile of 420 10th Avenue Northeast in Watertown?

The population within 1 mile of 420 10th Avenue Northeast Watertown, SD 57201 is 7,558 people.

Who do I contact for questions about 420 10th Avenue Northeast?

You should contact the listing agent, John Andreini , for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
810 2nd Street West, Watertown, SD	$275,000	2116	0.11
817 9th Avenue Southeast, Watertown, SD	$699,000	2256	0.55
13514 Sodak Road, Wilmot, SD	$1,200,000	5600	1.5
2233 Kansas Avenue Southeast, Huron, SD	$995,000	31363	0.72
1420 East College Drive, Marshall, MN	$2,600,000	127876	16.7
317 2nd Street Northwest, Pipestone, MN	$550,000	24000	1.23
221 County Road 19, Aberdeen, SD	$725,000	8190	-
1205 6th Avenue Southeast, Aberdeen, SD	$1,686,254	3440	0.98
220 South Main Street, Aberdeen, SD	$240,000	13550	-
202 South Main Street, Aberdeen, SD	$235,000	40214	-

Closest Commercial Airports

Airport	Distance (mi)
Sioux Gateway Airport / Brigadier General Bud Day Field (SUX)	177
Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP)	190
Rochester International Airport (RST)	238