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Retail Space on S Louise
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2808 S Louise Ave, Sioux Falls, SD 57106

Retail space with high visibility and traffic in Sioux Falls.

Space Size5,449 SF
Days on Market2030

Property Features for 2808 S Louise Ave

General Information

Standard status Active
Size 5,449 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Tenancy Single

Spaces For Lease

at 2808 S Louise Ave Contact us

Available Space

Size
5,449 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Raquel Blount · License #SD 11811
Source: Crexi
Added: Jan 29, 2021 Changed: Aug 9 Last Checked: Aug 20 at 9:28PM

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 retail space is strategically located along S Louise Avenue, offering direct access to 41st Street, a high-traffic road in Sioux Falls. The location benefits from its proximity to two I-29 exits, both less than 1 mile away. Situated in the heart of the Meadows on the River Development, the property is anchored by The Home Depot, Buffalo Wild Wings, Sam’s Club, and Slumberland. The development attracts approximately 13.8 million annual visits.

Key Highlights

  • Strategically located on S Louise Avenue with direct access to 41st Street.
  • Located in the heart of the Meadows on the River Development.
  • Anchored by The Home Depot, Buffalo Wild Wings, Sam’s Club, and Slumberland.

Property Analytics

Current Use

ALDI Specialty Food Shop ALDI Deli Food Market

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Electrical Service Storage Facility Garden Center

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

923
Businesses Nearby
725k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 19% Home Improvements & Furnishings 17% Apparel 12%
Chick-fil-A Dining
66,896 visits/mo 0.5 miles
Menards Home Improvements & Furnishings
64,847 visits/mo 0.4 miles
T.J. Maxx Apparel
51,150 visits/mo 0.5 miles
Olive Garden Dining
37,886 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
35,178 visits/mo 0.4 miles

Demographics for 57106, SD

47,877
Population
21,722
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
93%
High-School Grad
30.3 sq mi
ZIP Area
1,580
Density / Sq Mi
$77,070
Median Household Income
$47,554
Median Earnings
$996
Median Rent
$268,800
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$16.7 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
4,482 SF
Avg Space Size

This space is priced 16% below the average of $16.7 /SF/Yr.

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?
Retail space - Retail space with high visibility and traffic in Sioux Falls.
Where is this retail space located?
The property is located at 2808 S Louise Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Strategically located on S Louise Avenue with direct access to 41st Street.; Located in the heart of the Meadows on the River Development.; Anchored by The Home Depot, Buffalo Wild Wings, Sam’s Club, and Slumberland.
(605) 275-4251 Call to check price and availability
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