Triple Net Leased Retail
1601 W 41st Street Sioux Falls, SD 57105
1601 W 41st Street, Sioux Falls, SD, 57105
Contact for pricing
For Sale
Contact for pricing
Pending
Single-tenant, absolute triple net Shopko property on a signalized intersection with long-term lease in place.
Property Size90,585 SF
Days on Market105
Property Features for 1601 W 41st Street
General Information
- Standard status
- Pending
- Size
- 90,585 SF
- Property subtype
- Office
Listing agency
The Boulder Group
(847) 562-0003
Listed by
Randy Blankstein · License #IL 471005983
Source
Crexi
Added: Apr 10 Updated: Jul 22 at 10:46PM Checked: Jul 22 at 10:46PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This offering is the fee simple interest in a single-tenant, absolute triple net leased Shopko retail property. The property includes a 90,585-square-foot building and has been in operation at this location since 1987. The lease expires December 31, 2035 and includes annual rental escalations along with two 10-year renewal option periods.
The building is located at a signalized intersection in the area’s dominant retail corridor, along 41st Street, described as the primary east-west thoroughfare with traffic counts of 27,300 vehicles per day. The surrounding retail mix includes major big-box retailers, and The Empire Mall is approximately one mile from the property.
As a triple net lease, the agreement includes annual rental escalations and renewal options, providing a contractual term through the 2035 expiration date.
The building is located at a signalized intersection in the area’s dominant retail corridor, along 41st Street, described as the primary east-west thoroughfare with traffic counts of 27,300 vehicles per day. The surrounding retail mix includes major big-box retailers, and The Empire Mall is approximately one mile from the property.
As a triple net lease, the agreement includes annual rental escalations and renewal options, providing a contractual term through the 2035 expiration date.
Key Highlights
- Single‑tenant absolute triple net leased Shopko property in Sioux Falls, SD
- 90,585 SF building on a signalized intersection along 41st Street, with traffic counts of 27,300 vehicles per day
- Shopko has operated at this location since 1987; lease expires December 31, 2035
Property Analytics
Location Intelligence
Current Use by Public Records
Payless ShoeSource
Clothing Store
higi
Physician
Emily Walters
Physician
At Home
Home Decor Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single-tenant, absolute triple net Shopko property on a signalized intersection with long-term lease in place.
Where is this retail space located?
The property is located at 1601 W 41st Street Sioux Falls, SD.
What are key features of this property?
This property features: Single‑tenant absolute triple net leased Shopko property in Sioux Falls, SD; 90,585 SF building on a signalized intersection along 41st Street, with traffic counts of 27,300 vehicles per day; Shopko has operated at this location since 1987; lease expires December 31, 2035
