PRIME Sioux Falls, SD Commercial Real Estate Auction

High Profile Commercial Building Lying Near 41st Street in Sioux Falls, SD

& Adjacent to I-29 with Terrific Visibility; Existing Tenants in Place Leasing Approx. 60%

of the Building & Generating Excellent Cash Flow with 40% Available for Use of a New Owner

for Their Own Use or Additional Income; Plus Personal Property - Including New & Used Copiers, Printers & Other Business Equipment, New Sharp & Panasonic Supplies, Parts & Other Inventory, Excellent Office Equipment, Toyota Elec. Forklift, Warehouse Items & More!!

We will offer the following choice commercial property and personal property at auction at the property located at 2707 South Carolyn Ave. in Sioux Falls, SD (Midwest Office Bldg.); from 41st St. & Carolyn Ave. (Empire Mall) - Approx. 6 blocks north on Carolyn Ave.

TUESDAY SEPTEMBER 6, 2005

SALE TIMES: Personal Property Auction - 11:00 AM

Commercial Real Estate Auction - 4:00 PM

Viewings of the Real Estate on Tues. Aug. 16th from 5:00-7:00 PM

Tues. Aug. 23rd from 5:00 to 7:00 PM & Tues. Aug. 30th from 3:00-5:00 PM

or Shown by Private Appointment Arranged with the Listing Broker or Auctioneer

AUCTIONEERS NOTE: Opportunities to purchase a prime parcel of developed commercial real property are rare, so make plans to inspect this most interesting property with excellent cash flow potential & Location, Location, Location! Additionally, if you are a small or large business owner make plans to attend the auction of the Business Related Personal Property & Office Equipment to be sold on this auction.

If you are in the market for an extremely well located site for your business and/or investment income, then you must take a look at this “One of a Kind” commercial property with an excellent modern building complete with upscale office area, warehouse space, loading & unloading facilities, paved lot with off street parking and last but not lease - Location, Location, Location! This property is situated between 26th St. & 41st St., has approx. 200’ of direct exposure and direct visibility from I-29, and has approx. 200’ of frontage on Carolyn Avenue in Sioux Falls, SD.

Other particulars concerning this property include a lot size which is approx. 200’x335’ yielding a total lot area of approx. 67,000 sq. ft; a quality commercial building with approx. 33,444 sq. ft. - including office, retail, warehouse & other space inclusive of two cargo bays w/overhead doors, 1 ground level 12’x14’ overhead door and individual walk doors for each of the leased and owner occupied areas and an asphalt parking lot with over 60 offstreet parking spaces. This building is currently a 3 tenant operation. Leases are up for renewal with great tenants and excellent cash flow potential. This property is truly in the hub of Sioux Falls’ business sector near the Empire Mall, Menards, Walmart, Sam’s Club, Home Depot and numerous excellent community businesses. This property has unlimited potential and must be seen to be fully appreciated.

LEGAL DESC.: Lot 4 of Carolyn’s Subdivision of Lot 5 or Re-Subdivision of Sioux Falls Farmstead, Sec. 25, T. 101N., R. 40W., City of Sioux Falls, Minnehaha County, SD.

TERMS: Cash - $50,000.00 down the day of the sale and the balance to close on or before November 1, 2005 with possession, subject to the existing tenants rights. Marketable title will be conveyed and owners title insurance based on the sales price provided with the owners policy cost to be divided 50-50 between the buyer and seller. Rents and Real Estate Taxes to be prorated to the date of closing. This property is sold in “AS IS” condition and the merchantibility or suitability of this property for any particular purpose is not guaranteed. The RE Licensees/Auctioneers in this transaction stipulate that they are acting as agents for the seller. Information contained herein is deemed to be correct but is not guaranteed. Sold subject to existing zoning, easements, restrictions, reservations and highways of record, if any. Sold subject to confirmation of the Owner.

Broker Participation Welcome - An Attractive Broker Participation Package is Available with a commission to be paid subsequent to closing - To qualify brokers must pre-register and submit an opening bid from their potential buyer prior to the day of the auction and represent the successful purchaser at the auction and meet all other requirements for broker participation. For Broker Pre-registration Forms or other terms for broker participation, contact the listing broker.

Contact either the listing broker of the auctioneer for an information packet. Inspection of the property available at any of the scheduled viewings or by an appointment arranged with either the listing broker or the auctioneer.

PARTIAL PERSONAL PROPERTY LISTING OF THE ITEMS TO BE SOLD INCLUDE . . .

BUSINESS EQUIPMENT & INVENTORY: Approx. 60 Demo and Used Panasonic & Sharp Copiers - Including Panasonic Workio 2000, 4520, 3030, C106, Some High Capacity Copiers w/Sorters; Sorter Units & Other Copier Accessories; Laser Printers; 4 Panaboards Electronic Display Boards w/Printers; Panasonic UF-9000 Copier-Printer-Scanner-Fax; OKI Scanner-Printer-Fax; Fax Machines; Panasonic Sharpvision LCD Projector w/Zoom Lens; 100’s of Types of New Toner, Drums, Developer & Fuser Units & Other Parts for Panasonic, Sharp, OKI & Other Models; Copier Stands; 3- Datatech Letter Openers; 5- 3M Service Vac’s; Tech Kits; 2- Portable Salemaker Carts; Copier Repair Manuals; 12- New Kyocera Battery Backup Units; 20 Network Surge Arrestors; 5- Panamax Power Filter Strips; Display Racks; 2- Alum. Can Crusher Recyclers & Many, Many More Items Too Numerous To Mention.

OFFICE EQUIPMENT, COMPUTERS, PHONE SYSTEM & SUPPLIES: Conference Room Table & Black Swivel Chairs; 7 Independent Office Cubicles; HP Omnibook Laptop Computer; Panasonic CF72 Toughbook Laptop; Several Computers w/Monitors; Toshiba Model #DKSUB424A +16 Line Phone System w/ Approx. 12 Phones- Expandable up to 64 lines ($7,900.00 Cost - 2003); Cherry Color Executive Office Desk & Credenza; Modern Office Desk, Credenza & File; Steel Desks; 2 Rd. Tables; Blue Stack Chairs; Office Swivel & Stationary Chairs; Office Equipment; Wipe-off Boards; 2- 3 Drwr. Lateral Files; 4 Drwr. Fire File; 4 Drwr. Letter File; 5 Steel Dbl. Door Storage Cabinets; Oak 2 Door Storage Cabinet; 3 Door Oak Base Cabinet; File Cabinets; 2 Steel Bookcases; 6’ Folding Table; Paper Cutters & Other Items.

WAREHOUSE EQUIPMENT: Toyota #964A Forklift w/3 Stage 18’ Mast- Battery Operated w/Charger; 3000 lb. Rolo-Lift Hyd. Pallet Fork; 6 HD Pallet Racks & Extra Cross Sections; 18’ Alum. 1T Loading Ramp; 8 Step Steel Rolling Staircase; High Velocity Flow Pro Fan on Stand; 2HP 12 Gal. Port. Air Compressor; Parts Shelves.

S. A. ENTERPRISES, Owner

CHUCK SUTTON - Auctioneer & Land Broker, LLC - Sioux Falls, SD - ph. 605-336-6315 -

website - www.suttonauction.com

HAGEN Commercial Real Estate - Craig Hagen - Listing Broker - Sioux Falls, SD

- ph. 605-331-1111; Cell Ph. 605-310-4227 - website - www.hagenrealestate.com

Personal Property Sale Manager & Auctioneer - Steve Kampa - Midwest Real Estate Auctions, LLC

- St. Cloud, MN - ph. 320-248-3067