5623 Arrowhead Pkwy Sioux Falls, SD 57110
- Neighborhood centers
- 10,151 SF
Current Use by Public Records
- Cato Fashions / Women'S Clothing Store
Property Details for 5623 Arrowhead Pkwy
- Property size
- 10,151 SF
- Property type
- Neighborhood centers
- Property subtype
- Lifestyle centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Minnehaha
- State
- South Dakota
- Longitude
- -96.658
- Latitude
- 43.5431
