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Neighborhood Retail Center
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5801 E 41st St, Sioux Falls, SD 57110

Planned neighborhood retail center offering tenant improvement allowance and projected occupancy in March 2027.

Property Size1,897 SF
Days on Market148

Property Features for 5801 E 41st St

General Information

Standard status Active
Size 1,897 SF
Property subtype RETAIL
Lease Type SF/yr
Listing Agency: NAI | Sioux Falls
Listed By: Marcus Mahlen, CCIM, SIOR
Source: Moodyscre
Added: Mar 6 Changed: Jul 28 Last Checked: Aug 1 at 12:40PM

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 NAI | Sioux Falls

Investment Insights

Based on property information with market context.

This planned neighborhood retail center is being developed for retail tenants at 5801 E 41st St, Sioux Falls, SD 57110. The development includes a tenant improvement allowance of $30/SF, supporting buildout for an incoming tenant.

Construction is scheduled to start in April 2026, with projected shell construction completion in Q4 2026. Projected tenant occupancy is March 2027, creating a defined timeline for retailers looking to plan design and move-in accordingly.

For leasing inquiries, the project’s schedule and tenant improvement allowance are key considerations for timing your buildout and confirming your opening target.

Key Highlights

  • Planned neighborhood retail center
  • Tenant improvement allowance of $30/SF
  • Construction scheduled to start April 2026

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Repair Shop Restaurant Real Estate Agency Dental Office Law Firm Spa & Massage 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

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 52% Shops & Services 30% Dining 19%
Fareway Groceries
15,232 visits/mo 0.4 miles
Holiday Station Store Shops & Services
8,806 visits/mo 0.4 miles
Scooter's Coffee Dining
5,490 visits/mo 0.5 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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Planned neighborhood retail center offering tenant improvement allowance and projected occupancy in March 2027.
Where is this retail space located?
The property is located at 5801 E 41st St Sioux Falls, SD.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Planned neighborhood retail center; Tenant improvement allowance of $30/SF; Construction scheduled to start April 2026
(605) 228-9744 Call to check price and availability
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