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Times Square 3501-3505 W 41st St
1,434 SF of Retail Space Available in Sioux Falls, SD 57106
Highlights
- Co-tenants include Verizon, Eyemart, Big Frog Custom T-Shirts, and Royal Nail & Spa
- ~0.6 miles off I-29
- Near The Empire Mall, which has demonstrated strong performance, ranking in the 98% nationwide for shopping center visits over the past year
- ~52 shared parking stalls on-site
- Thriving location with 1,145 businesses and 4,878 households within a 1-mile radius
- Near one of the top-performing Target stores in the country, ranking in the 91st percentile for visits, attracting 2 million visits in the past year
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3505 B | 1,434 SF | Negotiable | $34.69 CAD/SF/YR $2.89 CAD/SF/MO $49,751 CAD/YR $4,146 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 3505 B
Floor plan is an open retail area with one restroom and two storage closets.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 Times Square
- Tenant
- Description
- US Locations
- Reach
- Eyemart Express
- Optical
- 315
- National
- Verizon
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Eyemart Express | Optical | 315 | National |
| Verizon | Retailer | - | - |
PROPERTY FACTS FOR 3501-3505 W 41st St , Sioux Falls, SD 57106
| Property Type | Retail | Gross Leasable Area | 12,000 SF |
| Property Subtype | Storefront Retail/Office | Year Built | 2007 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,000 SF |
| Year Built | 2007 |
About the Property
Located near one of the most trafficked intersections in South Dakota, Louise Avenue & 41st Street, drawing in an impressive 47,830 vehicles per day. The site is strategically located near many prominent developments such as Meadows on the River, The Empire Mall, Empire Place, and Empire East, along with numerous popular standalone businesses.
Nearby Major Retailers
Presented by
Times Square | 3501-3505 W 41st St
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