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Retail Space on Minnesota Avenue
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2103 S Minnesota Ave, Sioux Falls, SD 57105

Retail space for rent in high-traffic Southway Center.

Space Size1,500 SF
Property Size30,126 SF
Days on Market829

Property Features for 2103 S Minnesota Ave

General Information

Standard status Active
Size 1,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 30,126 SF
Year Built 1949
Tenancy Multiple

Spaces For Lease

at 2103 S Minnesota Ave Contact us

Suite 2109A

Size
1,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bender Commercial
Listed By: Andi Anderson · License #11675
Source: Crexi
Added: May 15, 2024 Changed: Aug 8 Last Checked: Aug 20 at 9:50PM

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.

Retail space is available for rent within the Southway Center, situated along the high-traffic Minnesota Avenue. The location benefits from significant visibility, with a daily traffic count exceeding 45,000 vehicles. Building signage opportunities are available. Additional parking is provided on the west side of the building.

Key Highlights

  • High traffic location on Minnesota Avenue (45,000+ vehicles daily)
  • Great visibility
  • Retail space available

Property Analytics

Current Use

605 Thrift Clothing Store

Suggested Use

Top Pick Kitchen & Bath Showroom Law Firm Electrical Service Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) 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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,049
Businesses Nearby
111k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 58% Shops & Services 40% Home Improvements & Furnishings 2%
Culver's Dining
21,255 visits/mo 0.4 miles
BP Shops & Services
13,598 visits/mo 0.2 miles
Get N Go Shops & Services
10,208 visits/mo 0.1 miles
Scooter's Coffee Dining
8,989 visits/mo 0.2 miles
Hardee's Dining
8,812 visits/mo 0.5 miles

Demographics for 57105, SD

22,635
Population
10,550
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
3,018
Density / Sq Mi
$74,066
Median Household Income
$43,271
Median Earnings
$956
Median Rent
$247,900
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$16.7 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
4,482 SF
Avg Space Size

This space is priced 40% below the average of $16.7 /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 for rent in high-traffic Southway Center.
Where is this retail space located?
The property is located at 2103 S Minnesota Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: High traffic location on Minnesota Avenue (45,000+ vehicles daily); Great visibility; Retail space available
(605) 336-7600 Call to check price and availability
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