1515 N Sanborn Blvd Unit 3

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1515 N Sanborn Blvd Unit 3

Mitchell, SD 57301-1021
Asking Price
$1.55M
Asset Type
Office
Class
Class B

What's Special

Office | 38,220 SqFt <ul><li>​38,220 Sq. Ft. of Professional Office Space</li><li>​Two-Story Building Built in 1996 with Brick Exterior</li><li>​Zoned Highway Oriented Business</li><li>​Front Reception Area</li><li>​Variety of Private Office Sizes</li><li>​Multiple Conference Rooms</li><li>​Large Meeting Room with Panelfold Room Divider System</li><li>​Large Copy/Supply Room</li><li>​Elevator</li><li>​Large Commons Area</li><li>​Additional 2.55 Acre Vacant Lot to the West, Zoned R4</li><li>​Estimated 2026 Taxes: $18

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

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