For Sale
$2,400,000

1809 Marion Rd Sioux Falls, SD 57106

Prime Retail Center, High Traffic Area, Excellent Tenants

Overview

Added:
Dec 11, 2024
Days on market:
138
CorTrust Plaza, located at 1809 S Marion Rd in Sioux Falls, South Dakota, presents a compelling investment opportunity. This 11,182 square foot shopping center, built in 2009, sits on a 39,295 square foot lot and is zoned C-2 Commercial. The property consists of two single-story buildings offering excellent visibility and accessibility. Boasting a desirable location at the southwest corner of 26th Street and Marion Road, the center benefits from a combined daily traffic count of 35,400 vehicles. Ample parking is provided with a ratio of 1 space per 203 square feet. The property features prominent building, pylon, and digital electronic board signage opportunities, maximizing tenant visibility. Currently, the center houses a strong tenant mix including Studio 26 Salon & Spa, Connexions Casino, and Breadsmith. The asking price is $2,400,000, translating to $214.63 per square foot. This well-maintained retail center offers a stable income stream and significant potential for future growth in a thriving South Dakota market. Detailed financial information is available upon request. The property is located in Minnehaha County, South Dakota, zip code 57106.

Highlights

  • $2,400,000 asking price for this 11,182 square foot retail shopping center.
  • Located at 1809 S Marion Rd, Sioux Falls, SD 57106.
  • Features two, one-story buildings built in 2009 on a 39,295 square foot lot, zoned C-2 Commercial.
  • Offers a price per square foot of $214.63.
  • High visibility location with 35,400 vehicles of daily traffic count.

Property Details for 1809 Marion Rd

Property type
Lifestyle centers, Power centers
Square Feet
11,182 SF
Year Built
2009
Buildings
2
Stories
1

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5285696
Longitude
-96.7916915

FAQs

What type of property is this?
Lifestyle center - Prime Retail Center, High Traffic Area, Excellent Tenants
Where is the lifestyle center located?
The property is located at 1809 Marion Rd Sioux Falls, SD.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: $2,400,000 asking price for this 11,182 square foot retail shopping center.; Located at 1809 S Marion Rd, Sioux Falls, SD 57106.; Features two, one-story buildings built in 2009 on a 39,295 square foot lot, zoned C-2 Commercial.
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1809 Marion Rd
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