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    5623 Arrowhead Pkwy Sioux Falls, SD 57110

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Walmart shadow center space available.

    Lot size:
    10,151 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,151 square foot retail shopping center presents a unique investment opportunity in Sioux Falls, South Dakota. Strategically located as a Walmart shadow center, this property benefits from the significant foot traffic generated by a high-performing Walmart store boasting 2.5 million annual visits. This draws shoppers not only from Sioux Falls, the most populous city in South Dakota (population 195,850), but also from surrounding smaller communities. The shopping center shares a convenient entrance with the Walmart, ensuring excellent visibility and a consistent flow of potential customers. Currently, 1,200 square feet of retail space is available, ideal for a variety of businesses including retail stores, healthcare services, or restaurants. The center's prime location is further enhanced by the proximity of other national retailers such as Starbucks, Bath & Body Works, Panera Bread, Aldi, and Target, creating a vibrant and attractive retail environment. This property offers a compelling combination of high visibility, strong demographics, and a proven track record of success, making it an excellent investment prospect for discerning buyers. The property is a multi-tenant shopping center, offering a diverse range of opportunities for potential tenants. This is a rare chance to acquire a well-positioned retail space in a thriving South Dakota market.

    Property Features for 5623 Arrowhead Pkwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,151 SF

    Unit(s) available at that property

    Space
    AVAILABLE (1)
    Size
    2,405 SF

    HighLights

    • Retail shopping center totaling 10,151 square feet.
    • 1,200 square feet of vacant space available.
    • Walmart shadow center with high traffic, benefiting from Walmart's 2.5 million annual visits.
    • Located in Sioux Falls, South Dakota, the state's most populous city (population 195,850).
    • Excellent location near national retailers such as Starbucks, Bath & Body Works, Panera Bread, Aldi, and Target.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cato Fashions Women'S Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon 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
    -96.657963796308
    Latitude
    43.543052116198

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic Walmart shadow center space available.
    Where is this neighborhood center located?
    The property is located at 5623 Arrowhead Pkwy Sioux Falls, SD.
    What are key features of this property?
    This property features: Retail shopping center totaling 10,151 square feet.; 1,200 square feet of vacant space available.; Walmart shadow center with high traffic, benefiting from Walmart's 2.5 million annual visits.
    Request Owner's contact information
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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
    5623 Arrowhead Pkwy Sioux Falls, SD 57110
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