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Signalized Corner Retail Space
For Lease
$16 SF/Yr

710 9th Avenue SE, Watertown, SD 57201

Retail space situated on a signalized hard corner with strong visibility and access, featuring pylon signage.

Property Size3,154 SF
Days on Market81

Property Features for 710 9th Avenue SE

General Information

Standard status Active
Size 3,154 SF
Property subtype Retail
Listing Agency: NAI | Sioux Falls
Listed By: Ryan Ammann · License #S43616000
Source: Siouxfallscommercial
Added: May 14 Changed: Jul 21 Last Checked: Aug 2 at 5:41AM

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 NAI | Sioux Falls

Investment Insights

Based on property information with market context.

This retail space is positioned on a signalized hard corner with strong visibility and convenient access. The property was developed to serve both the Watertown market and surrounding rural areas.

Walgreens occupies the diagonal corner, and there are recently developed strip shopping centers on the other side. The site also features pylon signage for prominent brand visibility.

The offering provides a retail-forward corner configuration within an established retail setting anchored by Walgreens.

Key Highlights

  • Retail space on a signalized hard corner with strong visibility and access
  • Features pylon signage
  • Walgreens occupies the diagonal corner location

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Dental Office Real Estate Agency Restaurant HVAC Service Grocery & Convenience Store 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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby
235k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 52% Dining 20% Shops & Services 9% Groceries 8%
Walmart Superstores
76,646 visits/mo 0.5 miles
Target Superstores
44,510 visits/mo 0.4 miles
Culver's Dining
20,336 visits/mo 0.2 miles
Aldi Groceries
18,431 visits/mo 0.4 miles
Watertown #2 Shops & Services
16,206 visits/mo 0.5 miles

Demographics for 57201, SD

26,091
Population
12,304
Households
2.1
Avg Household Size
39
Median Age
21%
College-Educated
92%
High-School Grad
319.1 sq mi
ZIP Area
82
Density / Sq Mi
$64,809
Median Household Income
$40,840
Median Earnings
$903
Median Rent
$223,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Drug store - Retail space situated on a signalized hard corner with strong visibility and access, featuring pylon signage.
Where is this drug store located?
The property is located at 710 9th Avenue SE Watertown, SD.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Retail space on a signalized hard corner with strong visibility and access; Features pylon signage; Walgreens occupies the diagonal corner location
More about this property
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