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Retail Space on Louise Avenue
For Lease
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3401 W 85th St, Sioux Falls, SD 57108

Retail space at a high-traffic intersection near future Veterans Parkway.

Space Size12,000 SF
Days on Market1189

Property Features for 3401 W 85th St

General Information

Standard status Active
Size 12,000 SF
Property subtype RETAIL

Spaces For Lease

at 3401 W 85th St
3401 W 85th St AVAILABLE, Now
Floor 1
Size 12,000 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
- Drive-thru potential and concept shows excellent parking with 151 stalls proposed - Proposed Sanford research center to be 1/4 mile to the west of the site - Signalized light at 85th and Louise will provide great access - Neighbors include several residential homes and apartment buildings, Subway, Burn - Boot Camp, Primrose Retirement Community, Avera, Lewis Drug and Sioux Falls Luthern Schools - Potential for an interchange at 85th & I-29 would increase traffic counts and visibility - Co-listed with Harr & Lemme - Contact Broker for additional information
Contact us
Listing Agency: Lloyd Companies - Corporate
Listed By: Raquel Blount, SIOR · License #11811
Source: Moodyscre
Added: Jul 5, 2023 Changed: Sep 10 Last Checked: Oct 4 at 8:42AM

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.

Located at the intersection of Louise Avenue and 85th Street, this retail space attracts residents and commuters from Tea, Harrisburg, and southern and central Sioux Falls. The site is approximately 2 miles from the future Veterans Parkway, which is planned to connect I-29 to I-90. The property is expected to benefit from the 85th Street interchange, connecting Tea and Sioux Falls.

Key Highlights

  • Prime location at the intersection of Louise Avenue and 85th Street, attracting a wide audience.
  • Proximity to the future Veterans Parkway (~2 miles), connecting I‑29 to I‑90.
  • Direct benefit from the 85th Street interchange, connecting Tea and Sioux Falls.

Property Analytics

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Current Use

Scott Dumpster Rental Waste Management Facility Ellie Porta Potty ... Building Supply Ellie Portable Toilet ... Building Supply

Suggested Use

Top Pick Law Firm Hair Salon Parking Lot & Garage Building Supply Spa & Massage Center Restaurant

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

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby
3k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 100%
SUBWAY Dining
2,658 visits/mo 0.2 miles

Demographics for 57108, SD

31,953
Population
13,933
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
30.4 sq mi
ZIP Area
1,051
Density / Sq Mi
$96,184
Median Household Income
$51,749
Median Earnings
$1,292
Median Rent
$401,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sioux Falls, SD

$15.49 /SF/Yr
Avg Asking Price
$8.5–$26 /SF/Yr
Price Range
4,001 SF
Avg Space Size

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 - Retail space at a high-traffic intersection near future Veterans Parkway.
Where is this retail space located?
The property is located at 3401 W 85th St Sioux Falls, SD.
What are key features of this property?
This property features: Prime location at the intersection of Louise Avenue and 85th Street, attracting a wide audience.; Proximity to the future Veterans Parkway (~2 miles), connecting I‑29 to I‑90.; Direct benefit from the 85th Street interchange, connecting Tea and Sioux Falls.
(605) 728-9092 Call to check price and availability
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