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Signalized-Corner Retail Space
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508 S Foss Ave, Sioux Falls, SD 57110

Retail space positioned in a Walmart-anchored commercial setting with established national and regional tenants nearby.

Space SizeContact for details
Days on Market156

Property Features for 508 S Foss Ave

General Information

Standard status Active
Property subtype Retail
Lease Type NNN

Additional Details

Space Use Retail

Building Details

Tenancy Multiple

Spaces For Lease

at 508 S Foss Ave Contact us

508 S Foss

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Tysdal Commercial
Listed By: Emily Christensen · License #00000
Source: Crexi
Added: Mar 30 Changed: Aug 30 Last Checked: Aug 31 at 5:06AM

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 occupies the corner of East Arrowhead Parkway and South Foss Avenue in Sioux Falls, at a traffic-controlled intersection. The surrounding commercial environment includes Walmart, Target, Menards, Dawley Farm Village, ALDI, and a range of restaurant and service operators.

Arrowhead Parkway carries 29,400 vehicles per day, providing a documented traffic base for the site. Nearby businesses include Buffalo Wild Wings, Panera Bread, Panda Express, Culver’s, Chipotle, Firehouse Subs, Chick-fil-A, and Circle K. The property is anchored by Walmart and is available for rent.

Key Highlights

  • Walmart‑anchored retail setting
  • Signalized intersection of East Arrowhead Parkway and South Foss Avenue
  • Arrowhead Parkway traffic: 29,400 vpd

Property Analytics

Current Use

Science Nutrition (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Big Box & Wholesale Store Building Supply Auto Repair Shop Hair 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.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby
618k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 34% Dining 25% Apparel 13% Shops & Services 11%
Walmart Superstores
112,874 visits/mo 0.2 miles
Target Superstores
98,058 visits/mo 0.5 miles
Menards Home Improvements & Furnishings
50,713 visits/mo 0.4 miles
Kohl's Apparel
42,215 visits/mo 0.4 miles
Culver's Dining
27,365 visits/mo 0.2 miles

Demographics for 57110, SD

22,013
Population
9,178
Households
2.4
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,053
Density / Sq Mi
$87,114
Median Household Income
$52,202
Median Earnings
$1,018
Median Rent
$365,600
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space positioned in a Walmart-anchored commercial setting with established national and regional tenants nearby.
Where is this retail space located?
The property is located at 508 S Foss 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 setting; Signalized intersection of East Arrowhead Parkway and South Foss Avenue; Arrowhead Parkway traffic: 29,400 vpd
(605) 376-0127 Call to check price and availability
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