5005 Louise Ave Sioux Falls, SD 57108
- Neighborhood centers
- 48,900 SF
- 4.76 lot acres
Current Use by Public Records
- Noodles and Company / Restaurant / Takeout Restaurant
Property Details for 5005 Louise Ave
- Year built
- 2006
- Lot size
- 4.76 lot acres
- Property size
- 48,900 SF
- Property type
- Neighborhood centers
- Property subtype
- Community centers
Description
Village on Louise offers exceptional retail space in a thriving neighborhood center. This single-story, 48,900 square foot building, constructed in 2006, sits on a 4.76-acre lot and provides ample parking with 285 spaces (a 1:171 parking ratio). The property boasts excellent visibility and accessibility, situated near major thoroughfares including Louise Avenue, 57th Street, 41st Street, and I-29, with a combined daily traffic count of 43,300 vehicles. Units are available in sizes ranging from a minimum of 1,800 square feet to a maximum contiguous space of 2,376 square feet, making it suitable for a variety of retail businesses. Building and monument signage opportunities are available. The center enjoys a strong tenant mix, including established businesses such as Panera, Cherry Berry, Olive Destination, Year Round Brown, barre3, Great Clips, Marco's Pizza, Noodles & Company, Midco, and Royal Palace. A negotiable tenant improvement allowance is offered. This is a rare opportunity to secure retail space in a high-demand location with significant foot and vehicle traffic. The property's established tenant base and prime location make it an ideal investment for discerning businesses seeking strong visibility and a thriving community.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.7728
- Latitude
- 43.5
