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5005 Louise Ave Sioux Falls, SD 57108

Sponsored
For Lease
$18 SF/Yr

Prime Retail Space, High Traffic Area

Lot size:
48,900 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
Village on Louise offers exceptional retail space in a thriving neighborhood center. This single-story, 48,900 square foot building, constructed in 2006, sits on a 4.76-acre lot and provides ample parking with 285 spaces (a 1:171 parking ratio). The property boasts excellent visibility and accessibility, situated near major thoroughfares including Louise Avenue, 57th Street, 41st Street, and I-29, with a combined daily traffic count of 43,300 vehicles. Units are available in sizes ranging from a minimum of 1,800 square feet to a maximum contiguous space of 2,376 square feet, making it suitable for a variety of retail businesses. Building and monument signage opportunities are available. The center enjoys a strong tenant mix, including established businesses such as Panera, Cherry Berry, Olive Destination, Year Round Brown, barre3, Great Clips, Marco's Pizza, Noodles & Company, Midco, and Royal Palace. A negotiable tenant improvement allowance is offered. This is a rare opportunity to secure retail space in a high-demand location with significant foot and vehicle traffic. The property's established tenant base and prime location make it an ideal investment for discerning businesses seeking strong visibility and a thriving community.

Property Features for 5005 Louise Ave

General Information

Property type
Neighborhood centers
Lease Type
Gross Lease
RSF (Rentable sq. ft)
48,900 SF
Total Rate
73350

Building Details

Year Built
2006
Stories
1

Unit(s) available at that property

Space
Suite 5017
Size
1,800 SF
Rate per SF
$18
Space
Suite 5033
Size
2,373 SF
Rate per SF
$18

HighLights

  • 48,900 square foot neighborhood center with multiple tenants.
  • Minimum 1,800 square feet divisible, maximum 2,376 contiguous square feet available.
  • 4.76‑acre lot with 285 parking spaces (1:171 ratio).
  • Built in 2006, single‑story building with excellent visibility and access to major roadways.
  • Strong tenant mix including Panera, Cherry Berry, and other national and local businesses.
  • Negotiable tenant improvement allowance.
Property Profile Location Intelligence

Current Use by Public Records

Noodles and Company Restaurant

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sioux Falls
County
Minnehaha
State
South Dakota
Longitude
-96.7728427
Latitude
43.4999614

FAQs

What type of property is this?
Neighborhood center - Prime Retail Space, High Traffic Area
Where is this neighborhood center located?
The property is located at 5005 Louise Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 48,900 square foot neighborhood center with multiple tenants.; Minimum 1,800 square feet divisible, maximum 2,376 contiguous square feet available.; 4.76-acre lot with 285 parking spaces (1:171 ratio).
More about this property
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