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Walmart-Anchored Retail Space
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5001 N Annika Ave, Sioux Falls, SD 57107

Divisible inline retail suites serve a multi-tenant center alongside established national and local commercial operators.

Space Size1,260 SF - 4,716 SF
Days on Market443

Property Features for 5001 N Annika Ave

General Information

Standard status Active
Size 1,260 SF - 4,716 SF
Net Rentable 1,260 SF
Property subtype Retail
Lease Type NNN

Space & Availability

Available Space 1,260-4,716 SF
Space Use Retail

Lease Terms

Lease Rate $23 /USD/SF/YR
Monthly Rent $2,415-$9,039
Rent per SF/Year $23
CAM $6.50 /USD/SF/YR
TI Allowance $25 /SF

Site & Location

Anchor Co-Tenants BP Express Gas Station, Jimmy John's, Walmart, Starbucks, Tinner's North, ALDI, University of South Dakota - Sioux Falls
Traffic Count 11,400 vehicles/day

Building Details

Tenancy Multiple

Spaces For Lease

at 5001 N Annika Ave Contact us

Suite 2 $23/SF/Yr

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 3 $23/SF/Yr

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 4 $23/SF/Yr

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Tysdal Commercial
Listed By: Mike Knudson · License #SD 18725
Source: Crexi
Added: Jun 17, 2025 Changed: Aug 29 Last Checked: Sep 1 at 8:46PM

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 Tysdal Commercial

Investment Insights

Based on property information with market context.

This retail space is part of a Walmart-anchored center in northwest Sioux Falls, with multiple inline suites available for lease. Suite 2 contains 1,260 square feet, while Suites 3 and 4 each offer 1,728 square feet. Two or more suites may be combined, providing flexibility for different space requirements. The lease structure is NNN.

The property is located at 5001 N Annika Ave and benefits from reported traffic of 11,400 vehicles per day on 60th Street. Nearby and center-area tenants include BP Express Gas Station, Jimmy John's, Starbucks, Tinner's North, ALDI, and the University of South Dakota - Sioux Falls. The combination of an established anchor, divisible inline configuration, and surrounding commercial tenancy supports a range of retail occupancy needs.

Key Highlights

  • Walmart‑anchored retail center in northwest Sioux Falls
  • Suite 2 offers 1,260 sqft of inline retail space
  • Suites 3 and 4 each contain 1,728 sqft

Property Analytics

Current Use

bp Car Wash

Suggested Use

Top Pick Building Supply Locksmith Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store

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

11,400 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby
154k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 70% Groceries 12% Dining 12% Shops & Services 6%
Walmart Superstores
108,051 visits/mo 0.1 miles
Aldi Groceries
18,753 visits/mo 0.4 miles
Starbucks Dining
12,641 visits/mo 0.1 miles
BP Shops & Services
8,369 visits/mo 0.1 miles
Jimmy John's Dining
5,576 visits/mo 0.2 miles

Demographics for 57107, SD

11,915
Population
4,851
Households
2.5
Avg Household Size
32
Median Age
30%
College-Educated
91%
High-School Grad
46.8 sq mi
ZIP Area
255
Density / Sq Mi
$76,719
Median Household Income
$46,126
Median Earnings
$1,079
Median Rent
$250,700
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

This space is priced 30% above the average of $17.74 /SF/Yr.

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?
Retail space - Divisible inline retail suites serve a multi-tenant center alongside established national and local commercial operators.
Where is this retail space located?
The property is located at 5001 N Annika Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Walmart‑anchored retail center in northwest Sioux Falls; Suite 2 offers 1,260 sqft of inline retail space; Suites 3 and 4 each contain 1,728 sqft
More about this property
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