Modern 4-Tenant Retail
For Sale
Contact for pricing
5900 E 18th St, Sioux Falls, SD 57110
Four fully leased retail units in a modern 2022-built center with 64 surface parking stalls.
Property Size8,107 SF
Price / SF$458.66
Days on Market197
Property Features for 5900 E 18th St
General Information
Standard status
Active
Size
8,107 SF
Total Parking Spaces
64
Property subtype
RETAIL
Occupancy
100%
Additional Details
Cap Rate
6.16%
Road Access
Yes
Building Details
Year Built
2022
Tenancy
Multi
Listing Agency:
Lloyd Companies - Corporate
(605) 323-2820
Listed By:
Raquel Blount, SIOR
(605) 728-9092
Source:
Moodyscre
Added: Mar 3
Changed: Sep 14
Last Checked: Sep 15 at 8:54AM
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 Lloyd Companies - Corporate
Investment Insights
Based on property information with market context.
This for-sale shopping center features four fully occupied retail spaces in a modern, clean aesthetic constructed in 2022. Current tenants include Buff City Soap, Crumbl Cookies, V Nails & Spa, and Cooks & Bakers Kitchen, with a Crumbl Cookies endcap that includes a drive-through. The property is supported by 64 surface parking stalls.
The center is positioned as Target and power-center shadowed retail within Dawley Farm Village, with multiple economic engines listed in the immediate area including State of SD OneStop, Target, Avera Health, Capital Health, Active Generations, and Walmart. Access is highlighted via the Veterans Parkway connection and the Arrowhead Parkway/Veterans Parkway intersection.
The current NOI is stated at $229,041 with a 6.16% cap rate, with proforma NOI listed at $232,400 and a 6.25% cap rate. 2024 real estate taxes are listed as $33,233.84, payable in 2025. Please contact the broker for a copy of the NDA and the full marketing package.
The center is positioned as Target and power-center shadowed retail within Dawley Farm Village, with multiple economic engines listed in the immediate area including State of SD OneStop, Target, Avera Health, Capital Health, Active Generations, and Walmart. Access is highlighted via the Veterans Parkway connection and the Arrowhead Parkway/Veterans Parkway intersection.
The current NOI is stated at $229,041 with a 6.16% cap rate, with proforma NOI listed at $232,400 and a 6.25% cap rate. 2024 real estate taxes are listed as $33,233.84, payable in 2025. Please contact the broker for a copy of the NDA and the full marketing package.
Key Highlights
- 100% occupied, 4‑tenant retail center with Buff City Soap, Crumbl Cookies, V Nails & Spa, and Cooks & Bakers Kitchen
- Current NOI of $229,041 (6.16% cap rate) and proforma NOI of $232,400 (6.25% cap rate)
- Crumbl Cookies endcap includes a drive‑thru
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
380
Businesses Nearby
513k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 41%
Dining 22%
Apparel 15%
Shops & Services 11%
Walmart
Superstores
112,874 visits/mo
0.4 miles
Target
Superstores
98,058 visits/mo
0.1 miles
Kohl's
Apparel
42,215 visits/mo
0.2 miles
Culver's
Dining
27,365 visits/mo
0.5 miles
Cinemark Dawley Farms
Leisure
26,052 visits/mo
0.1 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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Dawley Farm Village — 1000 S Highline Pl, Sioux Falls, SD 57110
- Quick-Tag — walmart supercenter, 5521 e arrowhead pkwy, sioux falls, sd 57110
- South Dakota DMV Now Kiosk — 5400 E Arrowhead Pl, Sioux Falls, SD 57110
Frequently Asked Questions
What type of property is this?
Shopping center - Four fully leased retail units in a modern 2022-built center with 64 surface parking stalls.
Where is this shopping center located?
The property is located at 5900 E 18th St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $3,718,384.
What are key features of this property?
This property features: 100% occupied, 4‑tenant retail center with Buff City Soap, Crumbl Cookies, V Nails & Spa, and Cooks & Bakers Kitchen; Current NOI of $229,041 (6.16% cap rate) and proforma NOI of $232,400 (6.25% cap rate); Crumbl Cookies endcap includes a drive‑thru
