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    5701 E 41St St Sioux Falls, SD 57106

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    For Lease
    $40 SF/Yr ($6,666 /Mo)

    Retail space with drive-thru and patio potential in Sioux Falls.

    Property size:
    2,000 SF
    Lot size:
    2.03 Acres

    Property Features for 5701 E 41St St

    General Information

    Size
    2,000 SF
    Lot size
    2.03 Acres

    Source: Lloyd Companies - Corporate Agent Raquel Blount, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Drive-Thru Potential

    This retail space, located at 5701 E 41st St in Sioux Falls, SD, offers a potential drive-thru opportunity on the east endcap and patio space on the west endcap. A proposed access point is planned off S Centerfield Place. The surrounding residential area includes 4,030 households within a 1-mile radius. The property is near Harmodon Park, which attracts 340,700 annual visitors. Nearby tenants include B&G MilkyWay, SportGames Center, Truks-N-Trykes Playcare, Valvoline Oil, and Harr & Lemme. It is approximately 2 miles from Dawley Farm Village, anchored by Target, Walmart, Starbucks, Kohl’s, and Ulta Beauty, attracting 7.2 million annual visitors. The area also features numerous schools with a combined student count of 2,935 (2023-2024). The demographics show 4,833 housing units and a median household income of $97,396 within a 1-mile radius. The property size is 2000 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7961101
    Latitude
    43.5144253

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    FAQs

    What type of property is this?
    Retail space - Retail space with drive-thru and patio potential in Sioux Falls.
    Where is this retail space located?
    The property is located at 5701 E 41St St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location near Harmodon Park and Dawley Farm Village.; - Strong surrounding demographics with a median household income of $97,396 within a 1-mile radius.; - Dense residential area with 4,030 households within a 1-mile radius.
    (605) 323-2820
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    5701 E 41St St Sioux Falls, SD 57106
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5701 E 41St St Sioux Falls, SD 57106
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