47072 98th St, Sioux Falls, South Dakota
47072 98th St, Sioux Falls, South Dakota 57108 - This is an industrial investment property with a long term tenant in place. Team Allied Distribution has been a tenant at this location since January of 2000. The tenant was founded in the 1960s and is the largest independent warehouse distributor of automotive exhaust in the U.S. This is one of many warehouses operated by the tenant throughout the West and Midwest. The current lease runs through December 31, 2018, and the asking price on this property yields a cap rate in excess of 7%. This location offers great access to I-29 in a popular industrial development in southwest Sioux Falls very near Tea, South Dakota.
Listing Courtesy of Accord Commercial Real Estate