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Oak Ridge Plaza Retail/Office Space
For Lease
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1216 E 57th St, Sioux Falls, SD 57108

Retail/office space with high visibility and signage opportunities.

Space Size1,000 SF - 2,237 SF
Property Size6,200 SF
Days on Market883

Property Features for 1216 E 57th St

General Information

Standard status Active
Size 1,000 SF - 2,237 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 6,200 SF
Tenancy Multiple

Spaces For Lease

at 1216 E 57th St Contact us

1200 E 57th Ave Ste 3

Size
2,237 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 1204

Size
1,000 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bender Commercial
Listed By: Reggie Kuipers · License #SD 13791
Source: Crexi
Added: Apr 4, 2024 Changed: Aug 27 Last Checked: Sep 2 at 5:10PM

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 Bender Commercial

Investment Insights

Based on property information with market context.

This retail or office space is located in the Oak Ridge Plaza, situated at the corner of 57th Street and Cliff Avenue. The location offers building and monument signage opportunities. A parking ratio of 1:265 is available. The property benefits from high visibility at a signalized intersection, with a combined daily traffic count of 30,200 vehicles per day. Tenant improvements are negotiable. Neighboring businesses include Get N Go, Taco Johns, Papa Murphy’s, Breadsmith, Hy-Vee, First Interstate Bank, Walgreens, Burger King, Domino’s Pizza, and Dacotah Bank.

Key Highlights

  • High visibility location at a signalized intersection with a daily traffic count of 30,200 vehicles.
  • Located in Oak Ridge Plaza on the corner of 57th Street and Cliff Avenue.
  • Building and monument signage available.

Property Analytics

Current Use

9Round East Gym Gym & Fitness Center

Suggested Use

Top Pick Hair Salon Restaurant Building Supply Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 49% Shops & Services 33% Dining 16% Beauty & Spa 2%
Hy-Vee Groceries
40,009 visits/mo 0.2 miles
Get N Go Shops & Services
11,878 visits/mo 0.1 miles
Burger King Dining
8,438 visits/mo 0.1 miles
BP Shops & Services
7,347 visits/mo 0.1 miles
Wells Fargo Shops & Services
5,144 visits/mo 0.2 miles

Demographics for 57108, SD

31,953
Population
13,933
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
30.4 sq mi
ZIP Area
1,051
Density / Sq Mi
$96,184
Median Household Income
$51,749
Median Earnings
$1,292
Median Rent
$401,300
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$17.74 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
4,486 SF
Avg Space Size

This space is priced 1% above the average of $17.74 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail/office space with high visibility and signage opportunities.
Where is this retail space located?
The property is located at 1216 E 57th St Sioux Falls, SD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: High visibility location at a signalized intersection with a daily traffic count of 30,200 vehicles.; Located in Oak Ridge Plaza on the corner of 57th Street and Cliff Avenue.; Building and monument signage available.
(605) 496-2966 Call to check price and availability
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