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29150125
29150126

3500 W 41st St, Sioux Falls, SD 57106

Lloyd Companies
Listed by Lloyd Companies
$3,950,000
150 days on market
Updated 28 days ago

Greenway Mall Investment

Details
Property Type Retail
Sub Type Shopping Center, Storefront
Square Footage 24,394
Occupancy 82.1%
Tenancy Multi
Pro-Forma Cap Rate 7.77%
Price per SqFt $162
Year Built 1985
Buildings 1
Stories 1
Acreage 1.470
Investment Type Owner/User

Owner-Occupant Investment | 41st & Louise

Marketing description

Greenway Mall provides an investment opportunity near the intersection of 41st Street & Louise Avenue. The offering includes two vacant suites, available now, opening up potential for an owner-occupant investor to establish a presence while benefiting from existing income. Current tenants include Firehouse Subs, The Cell Phone Guy, Metro by T-Mobile, Chasing Clouds Vape, a beauty supply store, and DXL Big & Tall. Greenway Mall is positioned within a low-vacancy retail corridor surrounded by national anchors such as Target, Barnes and Noble, and Chick-fil-A.

Investment highlights

  • Tenants: Firehouse Subs, The Cell Phone Guy, Metro by T-Mobile, Chasing Clouds Vape, a beauty supply store, and DXL Big & Tall

  • Two vacant suites provide potential to draw a range of tenants, or an owner-occupant opportunity

  • 60 shared surface stalls

  • Pylon and building signage available

  • Overall site size: 1.47 Acres +/-

  • Daytime population of 17,697 and over 15,625 businesses with a 1-mile radius, making this a strategic and well-positioned asset

  • Neighboring tenants Walgreens, Chili's, Olive Garden, Target, FedEx, TJ Maxx, Starbucks, and so much more

  • Adjacent to O'Gorman High School (1,637 students; 2024-2025)

  • Contact Broker for a copy of the NDA

Listing Contacts

Lloyd Companies
Listed by Lloyd Companies

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