3709 41St StSioux Falls, SD 57106

  • Strip malls
  • 19,553 SF
For Lease
$26/SF/YR View listing

Property Details for 3709 41St St

Year built
2005
Construction
TYPE NOT SPECIFIED
Lot size
1.71 AC
Property size (Sq ft)
19,553 SF
Zone code
FP;FP
Property type
Strip malls
Property subtype
Neighborhood centers
APN
54584
APU
54584

Description

This exceptional retail property, the Emporium on 41st Street, located at 3709 W 41st St, Sioux Falls, SD 57106, offers 19,652 square feet of versatile space. Built in 2006, this single-story building features five suites, with 4,068 square feet currently available for lease. The minimum divisible space is also 4,068 square feet, making it ideal for a single tenant or a smaller business seeking a prominent location. The property boasts excellent visibility and accessibility, situated near the cross street of Louise Ave. Ample parking is provided with 99 spaces available for customers and employees. The property's location in Sioux Falls, South Dakota offers a thriving market and strong potential for retail success. This is a turn-key opportunity for businesses seeking immediate occupancy in a high-traffic area. The property's convenient layout and ample parking make it an attractive option for a variety of retail uses. Don't miss this chance to secure a prime retail space in a desirable location. Contact us today to schedule a showing.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,439,284
    6.5%
    $4,097,801
    7%
    $3,805,101
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,514,922
    Geo Method
    $2,514,922
  • Alternative Use

    Use
    Valuation
    Residential
    $3,456,649
    Hospitality
    $3,166,272
    Educational
    $2,634,301
    Medical
    $2,724,898
    Retail
    $4,097,801

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5143
Longitude
-96.7726
CBSA code
43620
CBSA name
SIOUX FALLS, SD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$53,530
$934,000
$1,935,400
$2,869,400
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-
-
-

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