1312 W. 41st Street

1312 West 41st Street, Sioux Falls, SD
Download Spec Sheet
  • Total Available Space: 6,360 sq. ft.
  • Building Size: 6,360 sq. ft.
  • Lot Size: 0.36 acres
  • Year Built: 1966
  • Sale Price: $1,558,500

Property Features

  • Fully-leased investment opportunity
  • New 5 year lease starting 1/2022
  • Building size: 6,360 sq. ft.
  • Lot size: 0.36 acres (15,840 sq. ft.)
  • Year built: 1966
  • Remodeled: 2017/2022
  • 19 surface parking spaces
  • Billboard income
  • Building and pylon signage
  • Zoning: C-2

Pricing

  • List price: $1,558,500 ($245.00/ sq. ft.)
  • 2020 Real Estate Taxes: $10,362.94
  • Cap rate: 6.785%
  • Financials available upon request

Location

  • Located on W. 41st Street, the major retail corridor in Sioux Falls, just west of Minnesota Avenue, close to I-229
  • 5 year traffic count average: 20,100 vpd
  • Area neighbors include: Splash City, Costco, Silverstar Carwash, Party America, Office Depot, 18th Amendment Neighborhood Bar

Property Broker