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Map ViewSatellite ViewRetail Investment Sale
Sale Price
$5,550,000
Price / SF
$155.94
Gross Building Area
35,591 SF +/-
Net Rentable Area
34,750 SF +/-
Site Size
3.41 Acres +/-
Occupancy Rate
86.1%
Location Highlights
Positioned along 34th Street just off I-29 and 41st Street, Meadows Square sits in the heart of Sioux Falls’ premier retail district. The property is surrounded by major national retailers such as Sam’s Club, Walmart, The Home Depot, and Menards, as well as high-traffic destinations like The Empire Mall and Lake Lorraine. Meadows on the River boasts over 14 million annual visits, with strong daytime population density and nearby schools, parks, and residential neighborhoods. This central location offers unmatched access and consumer draw.
Description
- 35,591 SF retail center on 3.41 acres
- Net rentable size of 34,750 SF +/- with 841 SF +/- of common area space
- Current Occupancy: 86.1% (7 of 10 tenants)
- 4,948 SF Vacant
- Anchored by Michael’s Crafts since 1996
- Other tenants include GameStop, Pho Thai, Salon Mia, CosmoProf, Ivan’s Tattoo Studio, and Balanced Life Chiropractic
- 207 shared surface parking stalls
- Surrounded by national retailers like Sam’s Club, The Home Depot, Menard’s, Buffalo Wild Wings, World Market, and so much more
- Supportive traffic counts: 20,241 VPD (Louise Ave), 22,747 VPD (41st Street), and 59,780 VPD (I-29)
- Contact Broker for rent roll & financials
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