3024 57Th St, Sioux Falls, SD 57108
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.