3801 W 34th St - Storefront FOR SALE


Sioux Falls, SD 57106
$5,550,000 USD
605-728-9092
3801 W 34th St, Sioux Falls, SD for Sale
$5,550,000 USD
Storefront - FOR SALE
1/6
null | 7.48% Cap Rate

3801 W 34th St
Sioux Falls, SD 57106


HIGHLIGHTS

  • Anchored by Michael’s Crafts since 1996; 86.1% occupied (7 of 10 tenants leased)
  • Other tenants include GameStop, Pho Thai, Salon Mia, CosmoProf, Ivan's Tattoo Studio, and Balanced Life Chiropractic
  • Within the Meadows on the River development (14M annual visits)
  • Supportive traffic counts: 20,241 VPD (Louise Ave), 22,747 VPD (41st Street), and 59,780 VPD (I-29)
  • 207 shared surface parking stalls
  • Contact Broker for rent roll & financials

OVERVIEW

Meadows Square is a 35,591 SF retail center located in the Meadows on the River development, one of Sioux Falls’ most established and high-traffic retail destinations. Anchored by Michael’s Crafts since 1996, the center is 86.1% occupied with a healthy mix of national and local tenants, including GameStop, CosmoProf, and Pho Thai. The property benefits from exceptional visibility, strong traffic counts, and proximity to retail powerhouses like Walmart, Sam’s Club, The Home Depot, Menards, and The Empire Mall. With a proforma cap rate of 7.52% and a stable rent roll, Meadows Square offers both steady income and long-term value in a thriving metro. 4,948 SF vacant, split between three suites. Opportunity to bring in new tenants or establish your business here.

FOR SALE DETAILS

PRICE

$5,550,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

7.48%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Meadows Square Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

207

LAND DETAILS

LAND ACRES

3.41 AC

LAND SF

148,540 SF

ZONING

C-4

APN/PARCEL ID

58964

ASK ABOUT THIS PROPERTY

Raquel BlountLloyd CompaniesMore Info
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Raquel BlountLloyd CompaniesMore Info
605-728-9092

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.