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Retail Strip Mall Opportunity
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5701 E 41st St, Sioux Falls, SD 57110

Future retail space in Sioux Falls' expanding east side.

Space SizeContact for details
Property Size12,200 SF
Days on Market807

Property Features for 5701 E 41st St

General Information

Standard status Active
Size 12,200 SF
Class A
Property subtype Retail
Lease Type NNN

Building Details

Building Size 12,200 SF
Year Built 2026
Tenancy Multiple

Spaces For Lease

at 5701 E 41st St Contact us

Strip Mall End-Cap

Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Strip Mall In-Line

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Raquel Blount · License #SD 11811
Source: Crexi
Added: Jun 5, 2024 Changed: Aug 19 Last Checked: Aug 19 at 10:54PM

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.

This property presents a future retail strip mall opportunity at the intersection of East 41st Street and Veterans Parkway in Sioux Falls. The new development offers flexible sizing options, ranging from 1,500 to 12,200 square feet. It is designed to serve the rapidly expanding east side residential base and growing regional traffic corridor. The property is surrounded by established and growing neighbors, including B&G MilkyWay, SportGames Center, Truks-N-Trykes Playcare, Valvoline Oil, Kwik Star, Circle K, and Harr & Lemme. It is also located in proximity to Harmodon Park, which receives 341,000 annual visits.

Key Highlights

  • Located at the intersection of East 41st Street and Veterans Parkway.
  • Flexible sizing options: 1,500 – 12,200 SF +/-.
  • New development designed to serve the rapidly expanding east side residential base.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby
60k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 50% Home Improvements & Furnishings 30% Shops & Services 19% Beauty & Spa 1%
Lewis Home Improvements & Furnishings
17,932 visits/mo 0.1 miles
Burger King Dining
15,479 visits/mo 0.2 miles
Little Caesars Pizza Dining
8,023 visits/mo 0.1 miles
U.S. Bank Shops & Services
6,798 visits/mo 0.1 miles
Wells Fargo Shops & Services
4,782 visits/mo 0.2 miles

Demographics for 57110, SD

22,013
Population
9,178
Households
2.4
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,053
Density / Sq Mi
$87,114
Median Household Income
$52,202
Median Earnings
$1,018
Median Rent
$365,600
Median Home Value

Market

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?
Strip mall - Future retail space in Sioux Falls' expanding east side.
Where is this strip mall located?
The property is located at 5701 E 41st St 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: Located at the intersection of East 41st Street and Veterans Parkway.; Flexible sizing options: **1,500 – 12,200 SF +/-**.; New development designed to serve the rapidly expanding east side residential base.
(605) 275-4251 Call to check price and availability
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