Sale or NNN Ground Lease Opportunity on Major Thoroughfare

4001 E 10th St , Sioux Falls, SD 57103
$975,000
Sale Price
Lease Rate

Property Details

Sale Price:

Property Description

SVN | Northco is pleased to present a prime ground lease OR sale opportunity at 4001 E 10th St in Sioux Falls, SD. This property includes a vacant second generation restaurant space, previously a Denny's located on +/- 1.12 acres of land ("Property"). The Property is in close proximity to many strong-performing retail locations such as Target, Walmart, Aldi, Pizza Ranch, and many more. In addition, there are more than a dozen hotels in the surrounding area, creating consistent breakfast, lunch and dinner clients.

Highlights

  • Available immediately
  • +/- 1.16 acre sale or ground lease opportunity in a high-visibility location on a major thoroughfare (highly desirable 10th Street East).
  • The parcel is improved with a +/- 4,490 SF former Denny's restaurant.
  • Frontage on E. 10th Street with 25,900 VPD
  • Ample space for parking with 90 spots that are currently available
  • Located 2.7 miles east of downtown Sioux Falls, SD

Map

Location Description

The Property is located in Sioux Falls, SD, off highway 229. Sioux Falls is known for all things entertainment, culture, food, shopping, and adventure. The property is located 2.7 miles east of Downtown Sioux Falls, a premiere destination with some of the most progressive and unique shops. The community of diverse local merchants is available to serve visitors and offers antique shops, clothing and gift boutiques, furniture, and home décor.

Sioux Falls a thriving city with a strong economy and population growth. In fact, it is one of the fastest growing cities in the U.S. - Its population was 193,233 in the 2020 Census and has increased by 5.2% since then. With an annual growth rate of 1.71% annually, it‘s one of the 50 fastest-growing cities in the U.S.

South Dakota is also one of 9 states that does not levy a state income tax - you get the most out of your investment here.

Nearby major cities include:
Minneapolis, MN - 231 miles southeast of Minneapolis
Des Moines, IA - 280 miles northwest of Des Moines
Fargo, ND - 293 miles south of Fargo

Nearby local airports include Sioux Falls Regional Airport (7 miles) and Sioux Gateway Airport (94 miles). Nearby International Airports include Minneapolis-Saint Paul International Airport (231 miles) and Hector International Airport (249 miles).

Request More Info

View Privacy Policy
Oops! Something went wrong while submitting the form.

Available Spaces

Space Name
Space Size
Lease Rate
Lease Term
Space Type

    All Documents

    This listing has protected documents that require a CA in order to view.
    Thank you! Your submission has been received!
    Oops! Something went wrong while submitting the form.

    Property Closed

    This property is no longer on the market.