3900 41St StSioux Falls, SD 57106

For Sale
$1,250,000

Fully Leased Sioux Falls Shopping Center

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully leased, 3,712 square foot Class B shopping center located at 3900 W 41st St, Sioux Falls, South Dakota, 57106. Situated on a sizable 20,609 square foot lot, this multi-tenant property boasts 100% occupancy, offering immediate cash flow. The center comprises four tenants, including a well-established 1,768 square foot casino, ensuring a diverse and stable tenant mix. Built between 1976 and 1985, the property is zoned C-4, allowing for a variety of potential uses. The asking price is $1,250,000, translating to a price per square foot of $336.75. Two prominent pylon signs on 41st Street provide excellent visibility and enhance the property's marketing potential. This prime location at the intersection of W 41st Street and Shirley Avenue offers high traffic counts and strong visibility, making it an attractive investment for discerning buyers seeking a stable, income-producing asset in a thriving South Dakota market. The property's strong occupancy rate and established tenant base provide a secure and reliable investment opportunity with significant potential for future growth. Minnehaha County's robust economy further strengthens this investment's appeal.

Property Details for 3900 41St St

Property type
Lifestyle centers, Power centers
Square Feet
3,712 SF
Class
B
Year Built
1976

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.515391
Longitude
-96.7739746
3900 41St St, Sioux Falls, South Dakota

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3900 41St St
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