Empire Strip Center
Retail | 10,336 SqFt
Marketing description
This multi-tenant retail strip center is located at the primary entrance to The Empire Mall, Sioux Falls’ dominant retail destination. The property benefits from exceptional visibility, strong co-tenancy, and consistent consumer traffic driven by surrounding national, regional, and local retailers. The site also offers immediate access to Interstate 29, providing convenient connectivity for both local and regional shoppers.
Constructed in 2017, the 10,336 SF strip center is currently 84.7% occupied with a complementary mix of service and dining tenants that drive daily traffic to the center. The property offers a stable in-place income stream alongside future upside through lease-up of the remaining vacancy.
With modern construction, a high-demand retail location, and a NNN lease structure, this offering provides investors with an attractive combination of stability and value-add potential in one of Sioux Falls’ most active commercial corridors.
Co-listing with Hegg Companies, Inc.
Owner is a licensed Real Estate Broker in South Dakota.
Investment highlights
Prime Empire Mall Location – Positioned at the primary entrance to The Empire Mall, the region’s top retail destination with strong daily traffic
Value-Add Opportunity – 84.7% occupied with one remaining suite offering lease-up upside
Newer Construction (2017) | NNN Leases – Modern asset with minimal deferred maintenance and expense pass-through structure
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