1305 Benson RdSioux Falls, SD 57104

For Sale
$3,600,000

Fully Leased Shopping Center, Sioux Falls

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully leased, single-story shopping center totaling 26,069 square feet (25,754 rentable square feet) situated on a 2.6-acre lot (113,282 square feet) at the high-traffic southeast corner of North Cliff Avenue and Benson Road in Sioux Falls, South Dakota. Built in 2007, the property boasts eight units with a diverse tenant mix including Jimmy John's, Lincare, High End Glass, Happy Jacks Casino, Fortune Chinese Restaurant, Tarquin Argentinian Restaurant, Eagle Construction, Talon Development, and Hacienda Jalisco. The property benefits from excellent visibility and accessibility, with 124 paved parking spaces and convenient access to I-229 and I-90. The C3 zoning allows for a variety of uses. Cliff Avenue and Benson Road experience high daily traffic volumes of 10,800 and 11,200 vehicles, respectively, ensuring significant exposure for tenants. The asking price is $3,600,000, representing a price per square foot of $138.10. This is a rare opportunity to acquire a stable, high-performing retail asset in a prime Sioux Falls location. The property features prominent building and monument signage, further enhancing its visibility and appeal. This NNN-leased property offers a strong cash flow and significant upside potential.

Highlights

  • Fully leased, multi-tenant retail building.
  • High-visibility corner lot at North Cliff Avenue & Benson Road in Sioux Falls, SD.
  • 26,069 SF building (25,754 SF rentable), situated on a 2.6-acre lot.
  • Built in 2007.
  • $3,600,000 asking price ($138.10/SF).

Property Details for 1305 Benson Rd

Property type
Lifestyle centers, Power centers
Square Feet
26,069 SF
Year Built
2007
Buildings
1
Stories
1
Units
8

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.586801
Longitude
-96.7097258
1305 Benson Rd, Sioux Falls, South Dakota

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1305 Benson Rd
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