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    2302 41St St Sioux Falls, SD 57105

    Sponsored
    For Lease
    $25 SF/Yr

    Restaurant/Retail, 4,900 SF, All Equipment Included

    Lot size:
    4,900 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,900 square-foot restaurant/retail space boasts a prime location on 41st Street. Currently configured as a quick-service restaurant (QSR), the property features ample seating and parking, making it ideal for a variety of food service concepts. All existing equipment is included in the lease, representing a significant cost savings for the new tenant. The space is offered at a competitive rate of $25 per square foot, triple net (NNN). The single-tenant occupancy provides flexibility and control. This turn-key opportunity is perfect for an established restaurant looking to expand or a new venture seeking a high-traffic location with built-in infrastructure. The property's prime location ensures high visibility and accessibility for customers. The inclusion of all equipment minimizes upfront investment and allows for a rapid start to operations. Don't miss this chance to secure a thriving business location in a desirable area. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 2302 41St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,900 SF

    Unit(s) available at that property

    Space
    Size
    4,900 SF
    Rate per SF
    $25

    HighLights

    • Prime 41st Street location.
    • Existing QSR setup with ample seating and parking.
    • All equipment included.
    • 4,900 square foot space.
    • $25 per square foot, NNN.
    Property Profile Location Intelligence

    Current Use by Public Records

    China Express Chinese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    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
    -96.754133531865
    Latitude
    43.514922252011

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/Retail, 4,900 SF, All Equipment Included
    Where is this restaurant located?
    The property is located at 2302 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: Prime 41st Street location.; Existing QSR setup with ample seating and parking.; All equipment included.
    Request Owner's contact information
    2302 41St St Sioux Falls, SD 57105
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    Sioux Falls, SD 57105
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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
    2302 41St St Sioux Falls, SD 57105
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