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    7640 Sioux Fls Sioux Falls, SD 57108

    Sponsored
    For Lease
    $17 SF/Yr

    2,370 SF Retail Space in Sioux Falls

    Lot size:
    2,370 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,370-square-foot retail space is available for lease in the desirable Raintree Center strip mall, located at 7640 S Louise Avenue, Suite 100, Sioux Falls, SD 57108. Situated in Lincoln County's Sioux Falls submarket, this single-tenant space offers high visibility and excellent accessibility. The property is zoned for commercial use and boasts a convenient location on the northeast corner of W 85th and S Louise Avenue, benefiting from significant daily traffic counts. S. Louise Avenue sees an average of 16,291 vehicles per day, while W. 85th Street averages 6,048. The lease rate is $17.00 per square foot (NNN), with an estimated NNN expense of $6.50 per square foot. A generous tenant improvement allowance of $25.00 per square foot is also available. This thriving commercial area is home to a variety of established businesses, including Subway, Allstate Insurance, Burn Boot Camp, Tru Massage, Silencer Central, Time Management Systems, and Balleraena Dance Studio, creating a strong and diverse commercial environment. The property is a single-story building, offering easy access and convenient layout. This prime retail location presents a fantastic opportunity for businesses seeking high visibility and a strong customer base in a bustling Sioux Falls neighborhood.

    Property Features for 7640 Sioux Fls

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,370 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,370 SF
    Rate per SF
    $17

    HighLights

    • 2,370 SF retail space available for lease in Raintree Center, Sioux Falls, SD.
    • High‑visibility location at 7640 S Louise Ave, Suite 100, with excellent accessibility.
    • Located on the northeast corner of W 85th and S Louise Ave, benefiting from high traffic counts (16,291 VPD on S Louise Ave, 6,048 VPD on W 85th St).
    • Lease rate: $17.00/SF (NNN), with $6.50/SF estimated NNN expenses and a $25.00/SF tenant improvement allowance.
    • Strong tenant mix in the center includes Subway, Allstate, and other established businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.76666884373
    Latitude
    43.47533960993

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    FAQs

    What type of property is this?
    Office Property / Space - 2,370 SF Retail Space in Sioux Falls
    Where is this office property / space located?
    The property is located at 7640 Sioux Fls Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: 2,370 SF retail space available for lease in Raintree Center, Sioux Falls, SD.; High-visibility location at 7640 S Louise Ave, Suite 100, with excellent accessibility.; Located on the northeast corner of W 85th and S Louise Ave, benefiting from high traffic counts (16,291 VPD on S Louise Ave, 6,048 VPD on W 85th St).
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    7640 Sioux Fls 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
    7640 Sioux Fls Sioux Falls, SD 57108
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