500 Box Elder Rd

Description

Newly Revitalized Industrial Facility | Now Available for Lease or Sale Experience a rare, turnkey industrial opportunity strategically positioned on a major Box Elder thoroughfare. This prime 1.7-acre asset is perfectly timed to capture the momentum of the B-21 Raider expansion. As one of South Dakota’s fastest-growing cities, Box Elder is undergoing massive infrastructure upgrades—including the South Dakota DOT’s new Diverging Diamond Interchange at Exit 63—to support the thousands of new residents, personnel, and increased traffic flow arriving in the corridor. High-Performance Infrastructure Formerly a professional body shop, this facility is a ready-to-work solution featuring five (5) expansive service bays. The shop is pre-equipped with specialized industrial ventilation, a dedicated paint mixing room, and a robust 10-15HP Castair industrial air compressor. With three separate meters, the property is perfectly configured for co-warehousing or multi-tenant operations. Updated Office Environments The property features two distinct, updated office spaces: Detached Office: A complete renovation including a new furnace, water heater, electrical, flooring, and paint, complemented by a modern bathroom and break area. Shop Office: Recently refreshed with new flooring and updated bathroom facilities. Both structures benefit from newly updated water lines, ensuring a modern and reliable workspace. Site & Logistics The 1.7-acre lot offers unmatched utility with ample room for equipment staging, exterior storage, or future expansion. The site’s location provides unparalleled visibility and accessibility, further enhanced by the upcoming DOT improvements designed to streamline logistics for the region’s growing industrial base. Financial Summary Purchase Price: $849,000 (~$103/SF). Base Lease Rate: $9.25/SF/YR. NNN Expenses: $1.51/SF/YR. Total Estimated Occupancy Cost: $10.76/SF/YR. Listing agent is related to the owner.