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    FOR LEASE
    Strip malls

    6701 W 41St St, Sioux Falls, SD 57106

    10,655 SF 1.45 ac lot Built 1999
    Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US79-0072311
    Property summary
    AI-generated overview

    This exceptional commercial property, Sertoma Plaza, offers a 3,579 square foot vacant space ideal for a variety of office uses. Located at 6701 W 41st St, Sioux Falls, SD 57106, in Minnehaha County, this multi-tenant building boasts a highly desirable location with excellent visibility. The property features ample on-site parking, ensuring convenient access for employees and clients. Benefit from a strategic position along 41st Street, experiencing a substantial daily traffic count of 17,200 vehicles, guaranteeing high exposure for your business. This presents a unique opportunity to establish a strong presence in a thriving commercial area. The surrounding area is home to a diverse range of established businesses, including Get N' Go, Taco John's, Walgreens, First Premier Bank, Ace Hardware, Dollar General, Great Life, Year Round Brown, Gilberto's Mexican, Flyboy Donuts, and Roosevelt High School, creating a vibrant and convenient environment. One available space totals 2,340 square feet. The property is classified as Retail and Office, with a Traditional Office subtype. This is a multi-tenant building. Serious inquiries are encouraged to explore this outstanding opportunity.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1999
    Construction FRAME
    Total area 10,655 SF
    Lot 1.45 ac (63,206 SF)
    APN 62493
    UPID US79-0072311
    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
    • First PREMIER Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ts Olson Limited Partnership · 2 yrs held
    Ts Olson Limited Partnership
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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