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Retail Space on 41st Street
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1501 W 41st St, Sioux Falls, SD

Retail space with high traffic and prominent frontage.

Space Size1,418 SF
Lot Size1.05 Acres
Days on Market329

Property Features for 1501 W 41st St

General Information

Standard status Active
Size 1,418 SF
Lot size 1.05 Acres
Property subtype RETAIL
Lease Type NNN

Spaces For Lease

at 1501 W 41st St Contact us

1501 W 41st St $24/SF/Yr

Floor
1
Size
1,418 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Be at the front door of amazing retail neighbors generating tons of traffic - Neighbors...
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Listing Agency: Nelson Commercial
Listed By: Ron Nelson · License #4028
Source: Moodyscre
Added: Sep 18, 2025 Changed: Aug 8 Last Checked: Aug 11 at 2:05PM

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 Nelson Commercial

Investment Insights

Based on property information with market context.

This retail space benefits from its location near high-traffic retail neighbors, including Starbucks, Pancheros, Taco Bell, At Home, Planet Fitness, Hot Springs Spas, Office Depot, Party America, and Costco. The Urban Air family entertainment complex is also opening soon nearby. The property is located approximately half a mile from Western Mall, which houses Scheel’s, Best Buy, and South Dakota Furniture Mart, and about 1.7 miles from the Empire Mall, two of South Dakota’s largest shopping centers. The space is suitable for restaurant, retail, office, or professional use, featuring prominent frontage and a storefront on 41st Street. Traffic count is 20,800 cars per day (2023). Both building and pedestal signage are available. The property offers 1,418 square feet of space.

Key Highlights

  • High traffic location with 20,800 cars per day (2023).
  • Prominent 41st Street frontage and storefront.**
  • Located near major retail centers: Western Mall and Empire Mall.

Property Analytics

Current Use

Starbucks Cafe & Coffee Shop

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store HVAC Service Food Market Locksmith Plumbing Service

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,073
Businesses Nearby
533k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 41% Superstores 26% Dining 15% Shops & Services 10%
Scheels Apparel
205,228 visits/mo 0.5 miles
Costco Wholesale Superstores
140,915 visits/mo 0.3 miles
Costco Gasoline Shops & Services
32,343 visits/mo 0.1 miles
Hibachi Grill & Supreme Buffet Dining
20,618 visits/mo 0.2 miles
At Home Home Improvements & Furnishings
20,075 visits/mo 0.2 miles

Market

Lease Benchmarks for Sioux Falls, SD

$26.18 /SF/Yr
Avg Asking Price
$10–$92.55 /SF/Yr
Price Range
4,128 SF
Avg Space Size

This space is priced 8% below the average of $26.18 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high traffic and prominent frontage.
Where is this retail space located?
The property is located at 1501 W 41st St Sioux Falls, SD.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: High traffic location with **20,800 cars per day (2023)**.; Prominent 41st Street frontage and storefront.**; Located near major retail centers: Western Mall and Empire Mall.
(605) 728-7600 Call to check price and availability
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