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Strip Mall with Endcap Suites
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308 Bower St, Vermillion, SD 57069

Retail center offers both endcap and inline suite configurations.

Property Size30,800 SF
Days on Market143

Property Features for 308 Bower St

General Information

Standard status Active
Size 30,800 SF
Property subtype Retail

Additional Details

Asking Price $2,150,000

Building Details

Tenancy Multi
Listing Agency: Keller Williams Realty Omaha
Listed By: Chris Nielsen, CCIM · License #20150223
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:06PM

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 Keller Williams Realty Omaha

Investment Insights

Based on property information with market context.

This 30,800 SF strip mall at 308 Bower St in Vermillion includes a mix of endcap and inline retail suites. The property is shadow anchored by Walmart Supercenter, providing an established retail setting for occupants and visitors.

The center is visible from Highway 50 and sits near Hy-Vee, O’Reilly Auto Parts, Runnings, and ACE Hardware. The University of South Dakota, with a student population of 9,400, and Polaris Factory are also nearby, adding further commercial context to the site.

The property combines multiple retail suite configurations with proximity to major retailers, a university campus, and highway visibility in Vermillion, SD.

Key Highlights

  • 30,800 SF strip mall with endcap and inline retail suites
  • Shadow anchored by Walmart Supercenter
  • Visible from Highway 50

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm Storage Facility HVAC Service 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby
137k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Dining 23% Shops & Services 16% Groceries 11%
Walmart Superstores
43,767 visits/mo 0.2 miles
McDonald's Dining
19,718 visits/mo 0.4 miles
Vermillion #3 Shops & Services
17,265 visits/mo 0.2 miles
Hy-Vee Groceries
15,513 visits/mo 0.2 miles
Runnings Apparel
9,694 visits/mo 0.3 miles

Demographics for 57069, SD

13,005
Population
5,307
Households
2.5
Avg Household Size
27
Median Age
50%
College-Educated
94%
High-School Grad
169.3 sq mi
ZIP Area
77
Density / Sq Mi
$54,720
Median Household Income
$20,652
Median Earnings
$731
Median Rent
$225,800
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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail center offers both endcap and inline suite configurations.
Where is this strip mall located?
The property is located at 308 Bower St Vermillion, SD.
What are key features of this property?
This property features: 30,800 SF strip mall with endcap and inline retail suites; Shadow anchored by Walmart Supercenter; Visible from Highway 50
More about this property
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