5005 Louise Ave, Sioux Falls, SD 57108
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.
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Noodles and Company Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.