Park Ridge Galleria For Sale

1600 South Western Avenue, Sioux Falls, SD
Download Spec Sheet
  • Total Available Space: 32,865 sq. ft.
  • Building Size: 32,865 sq. ft.
  • Lot Size: TBD
  • Year Built: 1955
  • Sale Price: $3,822,000

Property Features

  • Mall: 24,969 sq. ft.
  • Upper/lower: 7,896 sq. ft
  • Total: 32,865 sq. ft.
  • Year built: 1955 & 1963
  • Lot size: TBD
  • Recent updates: See spec sheet
  • Current tenants: 44 Interactive LLP, Pilates Center of SD, Midwest Eye Lab, Great Plains Structural, Awaken BodyTalk, Verizon, Western Barber, Park Ridge Shoe Repair, James Dugan, Inc., Prana, Bloom, Pickle Barrel, ApexInk, Volin’s Racquet, I Capelli Salon, Inc., Barbara’s Needlepoint, Gene’s Studio
  • Below market rents, allowing for timely upside potential
  • Grille 26 building to be sold separately

Pricing

  • List price: $3,822,000
  • 2020 Real Estate Taxes: $TBD
  • Estimated NOI: $261,082
  • Cap Rate: 6.83%

Property Brokers