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Retail Investment Property
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301 S Garfield Avenue, Sioux Falls, SD 57104

Retail property available for sale, with a stated 6.00% cap rate and 21,000 SF.

Property Size21,000 SF
Days on Market124

Property Features for 301 S Garfield Avenue

General Information

Standard status Active
Size 21,000 SF
Property subtype Retail

Additional Details

Cap Rate 6%
Listing Agency: Vantis Commercial
Listed By: Scott Van Ginkel · License #SD 12200
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:35PM

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 Vantis Commercial

Investment Insights

Based on property information with market context.

The offering is a retail property available for sale. Public remarks indicate an investment-focused structure with a stated 6.00% cap rate and total size of 21,000 SF.

The property is located at 301 S. Garfield Avenue in Sioux Falls, South Dakota.

Additional details such as configuration, tenant situation, and any specific building features were not provided in the information available for this listing.

Key Highlights

  • Retail property for sale with a stated 6.00% cap rate
  • 21,000 SF retail asset

Property Analytics

Current Use

A-Kutz Eagle Barbershop Barber Shop Biftu Restaurant and Grocery ... Restaurant Somali Restaurant Sioux ... Restaurant Golden Harvest | Chinese ... Restaurant Fasika Ethiopian Restaurant Restaurant

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
Scooter's Coffee Dining
5,778 visits/mo 0.5 miles
Pizza Hut Dining
4,808 visits/mo 0.5 miles

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property available for sale, with a stated 6.00% cap rate and 21,000 SF.
Where is this retail space located?
The property is located at 301 S Garfield Avenue Sioux Falls, SD.
What are key features of this property?
This property features: Retail property for sale with a stated 6.00% cap rate; 21,000 SF retail asset
(605) 215-0940 Call to check price and availability
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