Retail Space on Louise
For Lease
Contact for pricing
7640 S Louise Ave, Sioux Falls, SD 57108
Retail space available in neighborhood strip center.
Space Size2,370 SF
Days on Market1753
Property Features for 7640 S Louise Ave
General Information
Standard status
Active
Size
2,370 SF
Property subtype
RETAIL
Lease Type
NNN
Spaces For Lease
at 7640 S Louise Ave
7640 S Louise Ave
$17/SF/Yr
Floor
1
Size
2,370 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 2,370 SF
- Tenant improvement allowance of $25 PSF with qualifying lease.
- This convenient neighborhood strip center is located on the northeast corner of W 85th and S Louise Ave., where development is booming!
- Co-tenants include Subway, AllState Insurance, Burn Boot Camp & Tru Massage Therapy.
Contact us
Listing Agency:
Van Buskirk Companies - Corporate
(605) 361-8211
Listed By:
Autumn Kaufhold · License #18251
(605) 351-5512
Source:
Moodyscre
Added: Dec 22, 2021
Changed: Oct 6
Last Checked: Oct 7 at 3:38PM
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 Van Buskirk Companies - Corporate
Investment Insights
Based on property information with market context.
This 2,370 square foot retail space is available for lease at $17.00 per square foot NNN, with estimated NNN expenses of $7.93 per square foot. A tenant improvement allowance of $40 per square foot is offered. The property is located in a neighborhood strip center on the northeast corner of 85th Street and Louise Avenue. Its location provides close proximity to the I-29 and I-229 interchanges, as well as major arterial roads including Louise Avenue, 85th Street, 69th Street, and Western Avenue. The surrounding residential neighborhood is expected to generate traffic for retail businesses. The property features two monument signs, one on Louise Avenue with an electronic message board, and a second on 85th Street. Co-tenants include Subway, Farm Bureau Insurance, Burn Boot Camp, Serenity Spa & Facials, Avera on Louise Health Campus, Culver’s, Lewis, and Starbucks. The parking ratio is 1.179.
Key Highlights
- High‑traffic location at the corner of 85th Street and Louise Avenue
- Excellent accessibility with close proximity to I‑29 and I‑229 interchanges
- Tenant improvement allowance of $40 PSF
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
SUBWAY
Dining
2,658 visits/mo
0.1 miles
Demographics for 57108, SD
31,953
Population
13,933
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
30.4 sq mi
ZIP Area
1,051
Density / Sq Mi
$96,184
Median Household Income
$51,749
Median Earnings
$1,292
Median Rent
$401,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Sioux Falls, SD
$15.6 /SF/Yr
Avg Asking Price
$8.5–$26 /SF/Yr
Price Range
3,932 SF
Avg Space Size
This space is priced 9% above the average of $15.6 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space available in neighborhood strip center.
Where is this retail space located?
The property is located at 7640 S Louise Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: High‑traffic location at the corner of 85th Street and Louise Avenue; Excellent accessibility with close proximity to I‑29 and I‑229 interchanges; Tenant improvement allowance of $40 PSF
