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41st Street Marketplace 1509 W 41st St
34,650 SF of Retail Space Available in Sioux Falls, SD 57105
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1431 | 34,650 SF | Negotiable | $12.99 CAD/SF/YR $1.08 CAD/SF/MO $139.86 CAD/m²/YR $11.65 CAD/m²/MO $37,518 CAD/MO $450,218 CAD/YR | Triple Net (NNN) |
1401-1509 W 41st St - 1st Floor - Ste 1431
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 41st Street Marketplace
- At Home Decor
- OfficeMax
- Panchero's Mexican Grill
- Party America
- Planet Fitness
PROPERTY FACTS FOR 1509 W 41st St , Sioux Falls, SD 57105
| Center Type | Neighborhood Center | Total Land Area | 11.26 AC |
| Center Properties | 1 | Year Built | 1993 |
| Gross Leasable Area | 169,699 SF |
| Center Type | Neighborhood Center |
| Center Properties | 1 |
| Gross Leasable Area | 169,699 SF |
| Total Land Area | 11.26 AC |
| Year Built | 1993 |
About the Property
Prime retail location on West 41st Street, the #1 retail corridor in SD! Costco-Anchored Power Center with convenient access to Interstate 229 and Interstate 29. Site is situated between 2 signalized intersections, 9 access points and includes approximately 447 parking stalls. Inline space: 34,650 sqft and East endcap: 51,390 sqft (which can be subdivided) Co-Tenantcy includes: Costco, AT HOME, Scheel's Sports, Planet Fitness, Office Depot, Party City, Best Buy, Taco Bell, Empire Mall (Simon)
Nearby Major Retailers
-
Ryan Tysdal -
Van Buskirk Companies
Presented by
41st Street Marketplace | 1509 W 41st St
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