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    Property profile & analytics
    FOR LEASE
    Strip malls

    2425 S Shirley Ave, Sioux Falls, SD 57106

    41,119 SF 3.46 ac lot Built 2000
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US79-0061488
    Property summary
    AI-generated overview

    River Plaza Suite 101 presents a remarkable office opportunity in Sioux Falls, South Dakota. Located at 2425 S Shirley Ave, 57106, this property boasts a highly visible position across from Century Theaters within the vibrant Meadows on the River shopping and dining district. The space is currently configured as a single-tenant occupancy, offering a flexible footprint ranging from 2,000 to 10,500 square feet. This versatility allows for customization to suit a wide array of business needs, from traditional office setups to executive suites, coworking spaces, medical offices, or creative studios. The property's classification encompasses various uses including agency, IT building, and consulting spaces. The landlord is prepared to subdivide the space to accommodate specific tenant requirements, ensuring a tailored solution. This prime location offers exceptional visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving commercial area. The property is categorized as both Office and Retail, providing further flexibility in its potential uses.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 2000
    Construction FRAME
    Total area 41,119 SF
    Lot 3.46 ac (150,500 SF)
    APN 70734
    UPID US79-0061488
    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
    • Lupulin Brewing - Sioux Falls Production Facility Brewery & Distillery
    • Workplace IT Management Tech Support Center IT Consulting Firm
    • Nail Studio Nail Salon
    • Gimme-A-Break, LLC Daycare Center Foster Care Service
    • Sixth Dimension Tattoo Collective Tattoo & Piercing Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $865k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.06M
    Blend (final) Blend
    $960k
    Owner & transaction history
    Direct Properties LLC · 6 yrs held
    Direct Properties LLC
    since 2019
    2 recorded transactions
    2022
    2019
    $4.1M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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