Restaurant Space in Sioux
For Lease
Contact for pricing
421 North Phillips Avenue Suite 115, Sioux Falls, SD 57104
Restaurant space available in a high-traffic Sioux Falls location.
Days on Market132
Property Features for 421 North Phillips Avenue Suite 115
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Berkshire Hathaway HomeServices Midwest Realty
(605) 728-1390
Listed By:
Stacey Sieverding · License #SD 19722
Source:
Crexi
Added: Mar 24
Changed: Jul 10
Last Checked: Jul 23 at 12:45PM
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 Berkshire Hathaway HomeServices Midwest Realty
Investment Insights
Based on property information with market context.
Located at 421 North Phillips Avenue, Suite 115, this commercial space is set up for a restaurant. The property features a 12-foot hood and a 3-compartment sink. Some restaurant equipment is available. Situated in the heart of Sioux Falls, the location offers high visibility and excellent foot traffic within a vibrant commercial district. The property's proximity to popular attractions and a thriving downtown business community offers an opportunity to establish a successful restaurant.
Key Highlights
- Prime location in the heart of Sioux Falls with high visibility and excellent foot traffic.
- Setup for a restaurant, including a 12‑foot hood and 3‑compartment sink.
- Some restaurant equipment is available.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$5.06 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,372
Businesses Nearby
69k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 42%
Dining 30%
Shops & Services 26%
Home Improvements & Furnishings 2%
Hilton Garden Inn Sioux Falls Downtown
Hotels & Casinos
19,840 visits/mo
0.2 miles
MacKenzie River Pizza Co.
Dining
13,505 visits/mo
0.5 miles
Holiday Inn Sioux Falls-City Centre
Hotels & Casinos
9,035 visits/mo
0.1 miles
Five Guys
Dining
7,102 visits/mo
0.4 miles
Kum & Go
Shops & Services
6,091 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant space available in a high-traffic Sioux Falls location.
Where is this conventional restaurant located?
The property is located at 421 North Phillips Avenue Suite 115 Sioux Falls, SD.
What is the lease rate?
The lease rate is $33.75 SF/Yr.
What are key features of this property?
This property features: Prime location in the heart of Sioux Falls with high visibility and excellent foot traffic.; Setup for a restaurant, including a 12‑foot hood and 3‑compartment sink.; Some restaurant equipment is available.
