Property profile

3024 57Th St Sioux Falls, SD 57108

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This move-in ready, 1,998 square foot salon suite offers a fantastic opportunity for a thriving business. The property boasts nine individual suites, five equipped with plumbing. A convenient laundry room with ample storage and a large bathroom are included. This exceptional location on 57th Street provides unparalleled visibility, directly across from Vance Thompson Vision, between Western Avenue and Louise Avenue, and easily accessible from Interstate 229. The high-profile location ensures significant foot traffic and excellent brand exposure. The property is offered as a single-tenant space, perfect for a salon owner looking to establish or expand their business. The lease is a triple net (NNN) lease with a rate of $23.50 per square foot, with an estimated NNN expense of $6.95 per square foot. This represents a significant opportunity to secure a well-appointed, high-traffic salon space in a desirable Minnehaha County location. The combination of individual suites, convenient amenities, and prime location makes this property an ideal investment for a beauty professional seeking a successful and visible business presence. The property is ready for immediate occupancy. Don't miss this chance to secure this exceptional retail and office space.

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

Current use

Occupant on record · Public records
  • Medical Clinic Skin Care Clinic
  • Tanning Salon
  • Hair Salon

Location

3024 57Th St Sioux Falls, SD 57108
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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