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Prime Retail Space in Watertown
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911-937 29th St SE, Watertown, SD

Strategically located retail space ready for tenant build-outs.

Property Size6,895 SF
Lot Size3.22 Acres
Days on Market1290

Property Features for 911-937 29th St SE

General Information

Standard status Active
Size 6,895 SF
Lot size 3.22 Acres
Property subtype RETAIL
Listing Agency: Lloyd Companies - Corporate
Listed By: Raquel Blount, SIOR
Source: Moodyscre
Added: Jan 19, 2023 Changed: Jul 10 Last Checked: Jul 21 at 4:43AM

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 - Corporate

Investment Insights

Based on property information with market context.

This retail space in Watertown is strategically positioned at the intersection of major highways, providing accessibility and connectivity to regional and national markets. The space, totaling 6895 square feet, is a shell space ready for tenant build-outs, suitable for a variety of businesses. It is subdividable, offering flexibility for different business needs. Located in one of the best retail locations in Watertown, the property benefits from the city's business-friendly environment, characterized by low taxes, reasonable regulations, and a supportive local government. The city actively promotes economic development and offers incentives to attract and retain businesses. Current co-tenants include Jimmy John’s, Sally Beauty Supply, Great Clips, Dollar Tree, and Smokes R Us. The property is located at 911-937 29th St SE, Watertown, SD.

Key Highlights

  • Prime retail location in Watertown.
  • Shell space ready for tenant build‑outs.
  • Space is subdividable.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Storage Facility Garden Center Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

226
Businesses Nearby
236k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 32% Dining 30% Shops & Services 18% Groceries 8%
Walmart Superstores
76,646 visits/mo 0.2 miles
McDonald's Dining
23,170 visits/mo 0.5 miles
Hobby Lobby Shops & Services
21,238 visits/mo 0.2 miles
Culver's Dining
20,336 visits/mo 0.3 miles
Aldi Groceries
18,431 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Strategically located retail space ready for tenant build-outs.
Where is this retail space located?
The property is located at 911-937 29th St SE Watertown, SD.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Prime retail location in Watertown.; Shell space ready for tenant build‑outs.; Space is subdividable.
(605) 728-9092 Call to check price and availability
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