Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1511-1517 W Holly Blvd Brandon, SD

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Retail suites available in high-visibility Brandon location.

    Type:RETAIL
    Property size:
    1,831 SF
    Lot size:
    0.80 Acres
    Added:
    Jun 21, 2024
    Days on Market:
    680
    Last Refresh:
    Apr 5 at 10:27 pm

    Property Features for 1511-1517 W Holly Blvd

    General Information

    Standard status
    Active
    Size
    1,831 SF
    Lot size
    0.80 Acres
    Property subtype
    RETAIL

    Spaces For Lease

    at 1511-1517 W Holly Blvd Contact us

    We can help!

    Listing Contact
    Autumn Kaufhold

    Listing agent Autumn Kaufhold

    Listing office Van Buskirk Companies - Corporate

    Listing date Jun 21, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Van Buskirk Companies - Corporate

    Overview

    Retail Center on Holly Boulevard

    Eagle Creek Retail Center offers a visible location on Holly Boulevard, a primary commuter route between Brandon and Sioux Falls. The retail center provides ease of access, making it suitable for retailers and service providers. Suite 1517, an endcap suite, features open retail space, large windows, a storage room, one private restroom, and a pick-up window. Suite 1515 will be delivered as a vanilla shell by the landlord, with a Tenant Improvement Allowance of $20 per square foot. The property offers 1,831 square feet of retail space and is available for rent.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Building Supply Dental Office Gym & Fitness Center Kitchen & Bath Showroom Storage Facility Furniture & Home Goods Grocery & Convenience Store Daycare Center Bakery

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

    Location Insight

    • Map
    • Local Demand
    City
    Brandon
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.6156
    Latitude
    43.5943

    Nearby Similar for Lease

    • $8 SF/Yr

      Industrial Space with Truck Shop Equipment

      Industrial space for lease with truck shop equipment and extra land.
      1015 9th Avenue, Brandon, SD 57005
      View Details
    • Contact for pricing

      Equipped Commercial Kitchen For Rent

      Move-in ready space with a massive, fully equipped commercial kitchen.
      101 N. Splitrock Boulevard, Brandon, SD 57005
      View Details
    • $7 SF/Yr

      Industrial Warehouse with Excess Land

      Industrial warehouse for rent with office space and excess land.
      1729 North Walnut Avenue, Brandon, SD 57005
      View Details
    • $22 SF/Yr

      New Retail Center Near I-90

      New retail center with flexible layout and drive-thru opportunity.
      1313 Ash St, Brandon, SD
      View Details
    • $7 SF/Yr

      Brandon Warehouse with Convenient Access

      Warehouse space with easy access to I-90 available for lease.
      605 E Willow St, Brandon, SD
      View Details
    • Contact for pricing

      Shop Space Near Sioux Falls

      Open shop space available 4 miles east of Sioux Falls.
      26681 483rd Ave, Brandon, SD 57005
      View Details
    • $8 SF/Yr

      New Construction Industrial Warehouse Space

      New construction warehouse with convenient I-90 access for lease.
      1901 N Plum Ave, Brandon, SD
      View Details
    • Contact for pricing

      Equipped Commercial Kitchen in Brandon

      Move-in ready commercial kitchen space ideal for a to-go restaurant.
      101 N Splitrock Blvd, Brandon, SD 57005
      View Details
    • Contact for pricing

      Climate Controlled Warehouse with Docks

      Sioux Falls flex space with dock doors and parking.
      1800 Frontier St, Brandon, SD 57005
      View Details
    • Contact for pricing

      Retail Center on Holly Boulevard

      Retail spaces available in a highly visible location.
      1515 W Holly Blvd, Brandon, SD 57005
      View Details
    • $7 SF/Yr

      Industrial Space Near I-90

      22,000 SF warehouse/manufacturing space near North Splitrock Blvd.
      1117 E Ash St, Brandon, SD
      View Details

    FAQs

    What type of property is this?
    Shopping center - Retail suites available in high-visibility Brandon location.
    Where is this shopping center located?
    The property is located at 1511-1517 W Holly Blvd Brandon, SD.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: Highly visible location on Holly Boulevard, a primary commuter route.; Easy access for customers.; Suite 1517 is an endcap unit.
    (605) 361-8211 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Autumn Kaufhold
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!