207 East Hwy 18

For Sale

207 East Hwy 18, Gregory, SD 57533

This Gregory property for sale is located at 207 East Hwy 18. The current listed sale price for 207 East Hwy 18 is $999,750. 207 East Hwy 18 is situated on a lot that is 1.59 acre in size.

Contacts

broker
Daniel Miller

NAI Capital

Property Details

  • Property Type Retail - Street Retail
  • Property Size 9,100 SF
  • Lot Size 1.59 Acre
  • Year Built 2014
  • Date Updated Apr 18, 2025
Gregory, South Dakota, is a small city located in the southeastern part of Gregory County in the south-central region of the state. It is close to the Missouri River that provides a significant geographical and recreations feature in the region. It is situated in an area known for its rolling plains and agricultural landscapes. This Dollar General is approx. 1.59 acres and is the main essential goods, discount, and variety store in the general area.Offered at $999,750 at an 8.00% Cap Rate, this Dollar General has been operating and serving the community at this site since 2014. It is a classic 9,100 sq. ft. structure with more than ample parking in an extremely large lot that is approx. 1.59 acres. This site is just blocks away from S. Main Street that is the central thoroughfare in Gregory.
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Highlights

  • Approx. 4.5 years remaining on the lease term, which expires on July 31, 2029
  • Build-to-suit construction in 2014
  • Dollar General Corporate Guarantee (NYSE: DG)
  • Double Net (NN) Landlord responsible for Roof & Structure
  • Four (4) 5-Year Options to renew at a 10% increase
  • Gregory is home to a modest population, offering a quiet and close-knit community atmosphere
  • South Dakota is an income tax-free state
  • The site on situated along the main Highway in Gregory, SD

Getting around

  • 36/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Gregory, SD
  • Neighborhood Gregory
  • Zip Code 57533

Points of Interest

  • Cody's Bar &Grill

    4.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Daniel Miller

NAI Capital

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