Property profile

5623 Arrowhead Pkwy Sioux Falls, SD 57110

OFF-MARKET
Neighborhood centers
10,151 SF
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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

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

5623 Arrowhead Pkwy Sioux Falls, SD 57110
Sioux Falls metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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