Listing Agency: Lloyd Companies - Corporate Show Phone

Listed By: Raquel Blount, SIOR

Source: Moodyscre

Added: Jul 5, 2023 Changed: Jul 10 Last Checked: Jul 21 at 6:35AM

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Investment Insights

Based on property information with market context.

This retail space, with drive-thru potential, is located in Sioux Falls, SD. The concept shows excellent parking with 151 proposed stalls. A proposed Sanford research center is planned to be 1/4 mile to the west of the site. A signalized light at 85th and Louise will provide great access. Neighbors include several residential homes and apartment buildings, Subway, Burn Boot Camp, Primrose Retirement Community, Avera, Lewis Drug and Sioux Falls Luthern Schools. There is potential for an interchange at 85th & I-29, which would increase traffic counts and visibility. The property offers 12,000 square feet of retail space.

Key Highlights

• Drive‑thru potential
• Excellent parking with 151 stalls proposed
• Proposed Sanford research center 1/4 mile to the west

Property Analytics

Property Profile

Current Use

Scott Dumpster Rental Waste Management Facility Ellie Porta Potty ... Building Supply Ellie Portable Toilet ... Building Supply

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Building Supply Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

229

Businesses Nearby

208k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 53% Dining 22% Shops & Services 12% Groceries 9%

Walmart Superstores

110,064 visits/mo 0.1 miles

Aldi Groceries

18,907 visits/mo 0.2 miles

McDonald's Dining

18,684 visits/mo 0.3 miles

Dollar Tree Shops & Services

13,396 visits/mo 0.3 miles

Burger King Dining

8,910 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Retail space with drive-thru potential in Sioux Falls, SD.

Where is this drive through restaurant located?

The property is located at 3401 W 85th St Sioux Falls, SD.

What are key features of this property?

This property features: Drive‑thru potential; Excellent parking with 151 stalls proposed; Proposed Sanford research center 1/4 mile to the west