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    OFF-MARKET
    Retail properties & Spaces

    7640 Sioux Fls, Sioux Falls, SD 57108

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    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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