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    2400 Marion Rd Sioux Falls, SD 57106

    Sponsored
    For Lease
    $18 SF/Yr

    Prime Retail Space, 1895 sq ft, High Traffic

    Lot size:
    1,895 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,895 square foot retail space is located within the thriving Lake Lorraine Lifestyle Center in Sioux Falls, South Dakota. Situated on Marion Road, this newly constructed building, developed by Van Buskirk Company, offers a single-tenant occupancy in a rapidly expanding mixed-use development. Lake Lorraine boasts a diverse mix of national and local businesses, creating a vibrant and high-traffic environment. The property benefits from excellent visibility and accessibility, situated in a convenient neighborhood strip center. Surrounding businesses include a variety of retail, dining, medical, and fitness establishments, ensuring a strong customer base and high foot traffic. Neighbors include well-established businesses such as The Sandbar & Grill, Mainstream Boutique, Westside Chiropractic Services, Sanford Eye Clinic, HyVee, Avera Health, Anytime Fitness, Pahl's Designer Showrooms, and Love Marlow Boutique, among others. This location provides unparalleled access to a large and growing residential population, making it an ideal opportunity for a variety of retail businesses seeking a prime location in a thriving community. The property is perfect for a business looking to establish a strong presence in a high-growth area with significant consumer traffic. This is a rare opportunity to secure a space in one of South Dakota's fastest-growing mixed-use developments.

    Property Features for 2400 Marion Rd

    General Information

    Property type
    Shopping centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,895 SF

    Unit(s) available at that property

    Space
    Size
    1,895 SF
    Rate per SF
    $18

    HighLights

    • 1,895 sq. ft. retail space for lease.
    • Single‑tenant retail building in Lake Lorraine, a rapidly growing mixed‑use development in South Dakota.
    • Located in a convenient neighborhood strip center on Marion Road.
    • Strong neighboring businesses include HyVee, Avera Health, and other national and local retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Love Marlow Plus Size Clothing Store Sakura Sushi Sushi Restaurant HOTWORX Sioux Falls Yoga Studio SalonCentric Beauty Supply Store HOTWORX - Sioux Falls ... Yoga Studio

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Clothing Store 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
    -96.790952824873
    Latitude
    43.523168303286

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    FAQs

    What type of property is this?
    Shopping center - Prime Retail Space, 1895 sq ft, High Traffic
    Where is this shopping center located?
    The property is located at 2400 Marion Rd 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: 1,895 sq. ft. retail space for lease.; Single-tenant retail building in Lake Lorraine, a rapidly growing mixed-use development in South Dakota.; Located in a convenient neighborhood strip center on Marion Road.
    Request Owner's contact information
    2400 Marion Rd Sioux Falls, SD 57106
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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
    2400 Marion Rd Sioux Falls, SD 57106
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