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    3511 57Th St Sioux Falls, SD 57108

    Sponsored
    For Lease
    $17 SF/Yr ($4,647 /Mo)

    Prime Sioux Falls Retail Space Available

    Lot size:
    3,187 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3,187 square foot retail strip center, built in 2005, is ideally situated at the highly visible intersection of 57th Street and Louise Avenue in Sioux Falls, South Dakota. The entire property, totaling 3,187 square feet, is currently vacant and presents a unique opportunity for a single tenant or multiple tenants to establish a strong presence in a thriving commercial area. The single-story building boasts a C-3 zoning classification, offering flexibility for a variety of retail uses. Its strategic location provides excellent access to major thoroughfares, including Interstates 29 and 229, ensuring high visibility and convenient access for customers. Furthermore, the property benefits from its proximity to significant retail destinations, including The Empire Mall and Empire Place, home to prominent anchors such as Dillard's, Dick's Sporting Goods, and Chick-fil-A, creating a synergistic environment and attracting substantial foot traffic. This presents a rare chance to secure a well-located, sizable retail space in a rapidly growing area of Sioux Falls, with the potential to capitalize on the existing high-traffic environment and strong regional draw. The property's address is 3511 W 57th St, Sioux Falls, SD 57108.

    Property Features for 3511 57Th St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,187 SF
    Total Rate
    4647.71

    Building Details

    Year Built
    2005
    Stories
    1

    Unit(s) available at that property

    Space
    Block
    Size
    2,400 SF
    Rate per SF
    $19
    Space
    Flexible
    Size
    3,187 SF
    Rate per SF
    $17

    HighLights

    • Move‑in ready space; tenant improvements required.
    • $40,000 Tenant Improvement Allowance offered to qualified tenants.
    • Excellent building and monument signage opportunities available.
    • Strong co‑tenancy with Healing Touch, Honeybaked Ham Cafe, Power Plate Meals, and Advanced Dental.
    • High‑traffic location with nearby Qdoba, Jersey Mike’s, Panera Bread, McDonald's, Noodles & Company, Vern Eide, and Waxing the City.
    • High visibility; 18,500 VPD on 57th St and 31,300 VPD on Louise Ave.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

    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
    -96.769207
    Latitude
    43.499866

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Sioux Falls Retail Space Available
    Where is this neighborhood center located?
    The property is located at 3511 57Th St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $17-$19 SF/Yr.
    What are key features of this property?
    This property features: Move-in ready space; tenant improvements required.; $40,000 Tenant Improvement Allowance offered to qualified tenants.; Excellent building and monument signage opportunities available.
    Request Owner's contact information
    3511 57Th St Sioux Falls, SD 57108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3511 57Th St Sioux Falls, SD 57108
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