4101 W 41St St Sioux Falls, SD 57106
For Lease
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This exceptional Class A retail strip center, Empire Place, presents a unique investment opportunity in Sioux Falls, South Dakota. Built in 2021, this seven-building complex sits on 7.02 acres of land and is zoned C-4 Regional Commercial (APN 46841). The property boasts a single-story design, offering 1,647 square feet of immediately available retail space within a thriving multiple-tenancy environment. Strategically located at 4101 W 41st St, Sioux Falls, SD 57106, Empire Place benefits from its high-traffic location off I-29, near the intersection of Louise Avenue and W. 41st Street, boasting the highest traffic counts in South Dakota. This prime location leverages the success of the nearby Empire Mall, South Dakota's most visited shopping mall (7.7 million annual visits), ensuring high visibility and foot traffic for tenants. The property's convenient access from the Interstate makes it easily accessible to both local and out-of-town customers. This is an unparalleled opportunity to establish a presence in one of Sioux Falls' newest and most successful shopping centers. The available space is ready for immediate occupancy. Detailed property information and lease terms are available upon request.
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Empire Place Shopping Center & Mall
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
FP;FP · Sioux Falls, SDCosts & 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.