For Lease
$23.50/SF/YR

2542 Lorraine Pl Sioux Falls, SD 57106

Prime Sioux Falls retail space, I-29 frontage.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional retail opportunity is located in the vibrant Lake Lorraine development in Sioux Falls, South Dakota. The property boasts a highly visible location with direct frontage on Interstate 29, ensuring maximum exposure to a large volume of traffic. Available spaces range from 1,500 to 10,605 square feet, offering flexibility for various retail concepts. The spaces are situated between well-established national retailers, Hobby Lobby and Dave & Buster's, creating a synergistic environment and attracting a substantial customer base. The lease rate is $23.50 per square foot, with an estimated Net, Net, Net (NNN) expense of $6.00 per square foot. To further incentivize tenant occupancy, the landlord is offering a generous tenant improvement allowance of $25 per square foot. This is a rare chance to secure a prime retail space in one of Sioux Falls' most sought-after commercial developments. The property is located at 2542 S Lorraine Pl, Sioux Falls, SD 57106, in Minnehaha County. This presents a unique opportunity for businesses seeking high visibility and strong foot traffic in a thriving retail environment. The property is categorized as multiple tenancy retail shop space.

Property Details for 2542 Lorraine Pl

Property type
Retail properties
RSF (Rentable sq. ft)
10,600 SF

Unit(s) available at that property

Space
Suites 2490 - 2568
Size
10,600 SF
Rate per SF
$23.50

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.521635992099
Longitude
-96.782930483066

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FAQs

What type of property is this?
Retail property - Prime Sioux Falls retail space, I-29 frontage.
Where is the retail property located?
The property is located at 2542 Lorraine Pl Sioux Falls, SD.
What is the lease rate?
The lease rate is $23.50/SF/YR.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Autumn Kaufhold
Autumn Kaufhold
Visit Broker Website

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Lorraine Pl
Sioux Falls, SD 57106

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Lorraine Pl
Sioux Falls, SD 57106

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

2542 Lorraine Pl
  • Autumn Kaufhold
    Autumn Kaufhold
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