Investment Opportunity
Sale Price
$5,100,000
Price / SF
$351.17
Gross Building Area
14,523 SF +/-
Net Rentable Size
13,982 SF +/-
Location Highlights
Lloyd Companies is pleased to present the opportunity to acquire a prime investment property at the area’s regional shopping development, Dawley Farm Village, in Sioux Falls, South Dakota. The subject project, a 14,523 square foot retail strip, is 100% leased to five strong tenants, including Subway, Gent’s Grooming, GNC, Verizon, and the Community Blood Bank. Dawley Farm Village has attracted 7.3 million visits in the past year from across the MSA. The property offers easy access via Veterans Parkway, a major route that will connect I-29 and I-90, designed to mirror I-229. The area is rapidly growing, with 750+ new housing units under construction and plans for over 1,600 acres of additional residential development.
Description
- 100% Occupied, 5-Tenant Target & Regional Power Center Shadowed Retail Center in Sioux Falls, South Dakota
- Current tenants: Subway, Gent’s Grooming, GNC, Verizon, and Community Blood Bank
- #4 Shopping Center in South Dakota with a Trade Area Population of over 311,500
- Dawley Farm Village is home to 40+ retailers
- Supportive Area Demographics: 61,975 population & $82k AHHI in a 3-mile radius
- Top Tier National Rankings for multiple development retailers including Walmart, Target, Buffalo Wild Wings, Wendy’s, and more
- $47,928.06 (2023 Taxes Payable in 2024)
- Zoning: C-4 Commercial
Usage
