Property summary
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 profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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Zoning
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