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    OFF-MARKET
    Neighborhood centers

    5623 Arrowhead Pkwy, Sioux Falls, SD 57110

    10,151 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 10,151 square foot retail shopping center presents a unique investment opportunity in Sioux Falls, South Dakota. Strategically located as a Walmart shadow center, this property benefits from the significant foot traffic generated by a high-performing Walmart store boasting 2.5 million annual visits. This draws shoppers not only from Sioux Falls, the most populous city in South Dakota (population 195,850), but also from surrounding smaller communities. The shopping center shares a convenient entrance with the Walmart, ensuring excellent visibility and a consistent flow of potential customers. Currently, 1,200 square feet of retail space is available, ideal for a variety of businesses including retail stores, healthcare services, or restaurants. The center's prime location is further enhanced by the proximity of other national retailers such as Starbucks, Bath & Body Works, Panera Bread, Aldi, and Target, creating a vibrant and attractive retail environment. This property offers a compelling combination of high visibility, strong demographics, and a proven track record of success, making it an excellent investment prospect for discerning buyers. The property is a multi-tenant shopping center, offering a diverse range of opportunities for potential tenants. This is a rare chance to acquire a well-positioned retail space in a thriving South Dakota market.

    Property profile
    Verified
    Property type Neighborhood centers
    Total area 10,151 SF
    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
    Current use
    Occupant on record · Public records
    • Cato Fashions Clothing & Fashion Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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