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    1220 57Th St Sioux Falls, SD 57108

    Sponsored
    For Lease
    $22 SF/Yr ($10,798 /Mo)

    Prime Retail Space, Drive-Thru Available

    Lot size:
    5,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Oak Ridge Plaza offers a unique retail opportunity in a high-traffic location. This single-story, 5,890 square foot building, constructed in 1995 and renovated in 2000, sits on a 1.53-acre lot at the corner of 57th Street and Cliff Avenue in the Oak Ridge/Get N' Go Plaza. The property features a rare four-lane drive-thru, providing exceptional convenience for customers. Currently, 1,699 square feet of retail space is available for lease, representing one of two suites within the building. The minimum divisible space is also 1,699 square feet. Building and monument signage opportunities are available, ensuring high visibility to the substantial daily traffic of 27,000 vehicles passing the signalized intersection. This prime location offers excellent exposure and accessibility for businesses seeking a thriving retail environment. The space became available in July 2022.

    Property Features for 1220 57Th St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,890 SF
    Total Rate
    10798.33

    Building Details

    Year Built/Renovated
    1995/2000
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1220
    Size
    1,699 SF
    Rate per SF
    $22

    HighLights

    • Retail property totaling 5,890 square feet.
    • 1,699 square feet of retail space currently available for lease.
    • Multi‑tenant building with two suites.
    • Situated on a 1.53‑acre lot.
    • Built in 1995, renovated in 2000.
    • High‑visibility location at a signalized intersection with 27,000 vehicles daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM Cortrust Bank ... Bank Or Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    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
    -96.7085592
    Latitude
    43.5003232

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Space, Drive-Thru Available
    Where is this retail property located?
    The property is located at 1220 57Th St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: Retail property totaling 5,890 square feet.; 1,699 square feet of retail space currently available for lease.; Multi-tenant building with two suites.
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    1220 57Th St Sioux Falls, SD 57108
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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
    1220 57Th St Sioux Falls, SD 57108
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