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 SizeContact for details
Days on Market2126
Property Features for 7640 S Louise Ave
General Information
Standard status
Active
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Tenancy
Multiple
Spaces For Lease
at 7640 S Louise Ave Contact us- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 100
Listing Agency:
Van Buskirk Companies
Listed By:
Autumn Kaufhold · License #SD 18251
Source:
Crexi
Added: Oct 28, 2020
Changed: Aug 19
Last Checked: Aug 22 at 5:51AM
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
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
Property Profile
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
Market
Lease Benchmarks for Sioux Falls, SD
$16.7 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
4,482 SF
Avg Space Size
This space is priced 2% above the average of $16.7 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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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
