3800 S Western Ave, Sioux Falls, SD
Retail property with parking, updated facade, and security cameras.
- Added:
- Nov 24, 2025
- Days on Market:
- 206
- Last Refresh:
- May 20 at 9:36 pm
Property Features for 3800 S Western Ave
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.30 Acres
- Property subtype
- RETAIL
Listing agent Craig Hagen, CCIM, SIOR
Listing office Vantis Commercial (605) 215-0940
Listing date Nov 24, 2025
Source Moodyscre
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
HighLights
- Convenient access to I‑29 and I‑229
- Parking in front and rear of building (16 stalls total)
- Located near the intersection of 49th and Western 18,400 VPD
- Recent facade upgrade
- Security Cameras
- Area neighbors include Scheels, Runnings, All Day Café, Costco, Culligan, Oxbow Park and Yankton Trail Park
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $18.00 |
| − Vacancy | −$5.8k | −$1.44 |
| EGI | $66.2k | $16.56 |
| − OpEx | −$19.9k | −$4.97 |
| NOI | $46.4k | $11.59 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.7504
- Latitude
- 43.5101
