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Steel District Retail Space
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151 E 4th Pl, Sioux Falls, SD 57104

Retail space in the dynamic Steel District development.

Space Size1,002 SF - 1,580 SF
Days on Market1082

Property Features for 151 E 4th Pl

General Information

Standard status Active
Size 1,002 SF - 1,580 SF
Class A
Total Parking Spaces 900
Property subtype Retail
Lease Type NNN

Building Details

Year Built 2023
Tenancy Multiple

Spaces For Lease

at 151 E 4th Pl Contact us

120

Size
1,051 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

130

Size
1,002 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

140

Size
1,049 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

150

Size
1,580 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

160

Size
1,108 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Raquel Blount · License #SD 11811
Source: Crexi
Added: Sep 19, 2023 Changed: Aug 27 Last Checked: Sep 4 at 12:43PM

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 Lloyd Companies

Investment Insights

Based on property information with market context.

Located along the Big Sioux River at the foot of Falls Park in downtown Sioux Falls, South Dakota, the Steel District is surrounded by high-traffic destinations such as Levitt at the Falls, Jacobsen Plaza, and the Arc of Dreams. This development benefits from consistent foot traffic generated by outdoor concerts, community events, and year-round activity. Retailers are positioned within a dynamic environment that attracts office workers, hotel guests, and residents, while also appealing to a broader metro audience. The outdoor spaces, featuring riverfront trails, public art, a splash pad, a dog park, and an event lawn, are designed to encourage connection, movement, and discovery, inviting people to stay longer and explore more.

Key Highlights

  • Prime location in the Steel District, downtown Sioux Falls, at the foot of Falls Park.
  • High foot traffic area near Levitt at the Falls, Jacobsen Plaza, and the Arc of Dreams.
  • Surrounded by dynamic environment fueled by office workers, hotel guests, and residents.

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 88% Home Improvements & Furnishings 12%
Casey's General Store Shops & Services
7,669 visits/mo 0.4 miles
FedEx Office Print & Ship Center Shops & Services
1,276 visits/mo 0.2 miles
Grainger Home Improvements & Furnishings
1,205 visits/mo 0.2 miles

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$17.74 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
4,486 SF
Avg Space Size

This space is priced 41% above the average of $17.74 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space in the dynamic Steel District development.
Where is this retail space located?
The property is located at 151 E 4th Pl Sioux Falls, SD.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location in the Steel District, downtown Sioux Falls, at the foot of Falls Park.; High foot traffic area near Levitt at the Falls, Jacobsen Plaza, and the Arc of Dreams.; Surrounded by dynamic environment fueled by office workers, hotel guests, and residents.
(605) 275-4251 Call to check price and availability
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