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3502-3510 W 41st St
Sioux Falls, SD 57106
Greenway Mall · Retail Property For Sale
Investment Highlights
- Tenants: Firehouse Subs, The Cell Phone Guy, Metro by T-Mobile, Chasing Clouds Vape, a beauty supply store, and DXL Big & Tall
- Daytime population of 17,697 and over 15,625 businesses with a 1-mile radius, making this a strategic and well-positioned asset
- Adjacent to O'Gorman High School (1,637 students; 2024-2025)
- Two vacant suites provide potential to draw a range of tenants, or an owner-occupant opportunity
- Neighboring tenants Walgreens, Chili's, Olive Garden, Target, FedEx, TJ Maxx, Starbucks, and so much more
- Contact Broker for a copy of the NDA
Executive Summary
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.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
24,192 SF
Building Class
C
Year Built
1985
Price
$5,388,748 CAD
Price Per SF
$222.75 CAD
Cap Rate
7.76%
NOI
$418,167 CAD
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.46 AC
Zoning
FP; FP - 261 - Neighborhood Shopping Center
Parking
60 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Enclosed Mall
- Monument Signage
- Air Conditioning
Property Taxes
| Parcel Number | 56093 | Improvements Assessment | $1,956,849 CAD |
| Land Assessment | $965,277 CAD | Total Assessment | $2,922,126 CAD |
Property Taxes
Parcel Number
56093
Land Assessment
$965,277 CAD
Improvements Assessment
$1,956,849 CAD
Total Assessment
$2,922,126 CAD
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