1305 Benson Rd Sioux Falls, SD 57104
- Lifestyle centers
- 26,069 SF
Current Use by Public Records
- Eagle Construction Inc / General Contractor
- Talon LLC / Real Estate Developer
Property Details for 1305 Benson Rd
- Year built
- 2007
- Property size
- 26,069 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a fully leased, single-story shopping center totaling 26,069 square feet (25,754 rentable square feet) situated on a 2.6-acre lot (113,282 square feet) at the high-traffic southeast corner of North Cliff Avenue and Benson Road in Sioux Falls, South Dakota. Built in 2007, the property boasts eight units with a diverse tenant mix including Jimmy John's, Lincare, High End Glass, Happy Jacks Casino, Fortune Chinese Restaurant, Tarquin Argentinian Restaurant, Eagle Construction, Talon Development, and Hacienda Jalisco. The property benefits from excellent visibility and accessibility, with 124 paved parking spaces and convenient access to I-229 and I-90. The C3 zoning allows for a variety of uses. Cliff Avenue and Benson Road experience high daily traffic volumes of 10,800 and 11,200 vehicles, respectively, ensuring significant exposure for tenants. The asking price is $3,600,000, representing a price per square foot of $138.10. This is a rare opportunity to acquire a stable, high-performing retail asset in a prime Sioux Falls location. The property features prominent building and monument signage, further enhancing its visibility and appeal. This NNN-leased property offers a strong cash flow and significant upside potential.
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
- -96.7097
- Latitude
- 43.5868
