2519 Shirley Ave Sioux Falls, SD 57106
- Warehouses
- 11,105 SF
Current Use by Public Records
- LL Flooring / Flooring Store / Flooring Contractor
Property Details for 2519 Shirley Ave
- Year built
- 2003
- Property size
- 11,105 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 11,105 square foot industrial property in Sioux Falls, South Dakota, presents a unique owner-user opportunity. Located within the thriving Meadows on the River development, this 2003-built warehouse boasts a 20'6" clear height, multiple Reznor heaters, and 14' garage doors. Suite 2519 offers a showroom, large warehouse area, office space, and restroom. The property includes approximately 64 parking spaces, with a new parking lot scheduled for completion in July 2024. This multi-tenant building is zoned C-4 Commercial Regional and is currently offered for sale by owner with a NNN lease in place for a portion of the space, offering potential rental income. The property's strategic location provides easy access to I-29 and is surrounded by numerous businesses, including Sturdevant's Auto Parts, Shahi India Grill, Morrie's Steakhouse, and major retailers like The Home Depot, Menards, and Sam's Club. The asking price is $1,450,000, with a price per square foot of $130.57. The current lease has a remaining term of approximately 2.8 years, commencing September 1, 2024, and expiring August 31, 2027. This presents a compelling investment opportunity for a business seeking both occupancy and rental income in a high-demand location. The property is situated at 2519 S Shirley Ave, Sioux Falls, SD 57106.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.7774
- Latitude
- 43.5224
