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Flexible Retail or Office Suite
For Lease
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2508 South Marion Road, Sioux Falls, SD 57106

Turnkey suite offers open floor plan, private offices, reception area, rear delivery door, and dedicated restroom plus storage.

Space SizeContact for details
Lot Size33.00 Acres
Days on Market68

Property Features for 2508 South Marion Road

General Information

Standard status Active
Class A
Lot size 33.00 Acres
Property subtype Retail, Office, Special Purpose

Additional Details

Business Included Yes

Building Details

Tenancy Single

Spaces For Lease

at 2508 South Marion Road Contact us

Space 1

Type
Office, Retail, Special Purpose
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Harr-Lemme Commercial Real Estate
Listed By: Paul Gourley · License #SD 765511107
Source: Crexi
Added: Jun 30 Changed: Sep 4 Last Checked: Sep 4 at 5:33PM

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 Harr-Lemme Commercial Real Estate

Investment Insights

Based on property information with market context.

Turnkey commercial suite within a prominent mixed-use development featuring a flexible retail or office setup. The space includes a spacious open floor plan, reception area with multiple configuration options, and two private offices or consultation-style rooms that can support a variety of service formats. Additional features include a dedicated private restroom, a dedicated storage closet, and a rear delivery door designed for convenient loading and daily operations.

Lake Lorraine is described as a 33-acre destination blending retail, dining, entertainment, hospitality, residential living, and Class A office space. The development is home to national retailers including HomeGoods, DSW, Dave & Buster's, Five Below, Kirkland's, and Marshalls, and the property is cited as attracting more than 3 million visitors annually, supporting strong exposure and customer activity.

The layout is positioned as a professional, functional option for businesses seeking a configurable workspace with direct back-of-house access for deliveries.

Key Highlights

  • Flexible retail or office suite in Lake Lorraine mixed‑use development
  • Spacious open floor plan with two private offices plus consultation rooms or retail areas
  • Reception area with multiple configuration options

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Barber Shop (Bike/Boat/Book/etc) Store Garden Center

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

Turnkey business
Opportunity
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

Demographics for 57106, SD

47,877
Population
21,722
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
93%
High-School Grad
30.3 sq mi
ZIP Area
1,580
Density / Sq Mi
$77,070
Median Household Income
$47,554
Median Earnings
$996
Median Rent
$268,800
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

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Turnkey suite offers open floor plan, private offices, reception area, rear delivery door, and dedicated restroom plus storage.
Where is this retail space located?
The property is located at 2508 South Marion Road Sioux Falls, SD.
What are key features of this property?
This property features: Flexible retail or office suite in Lake Lorraine mixed‑use development; Spacious open floor plan with two private offices plus consultation rooms or retail areas; Reception area with multiple configuration options
(605) 371-0332 Call to check price and availability
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