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Gilrich Village 1112 W 41st St 2,262 - 20,572 SF of Retail Space Available in Sioux Falls, SD 57105
HIGHLIGHTS
- Five suites of various sizes, available now - suites may be combined
- 181 surface parking stalls, and additional designated employee parking behind the building
- Adjacent to Costco, drawing 2.5M visits to the immediate area annually
- Building, monument, and suite signage opportunities available
- Full access points from 41st Street (in/out)
- 41st Street is home to quality shopping centers like Western Mall, 41st Street Plaza, Empire Place, and The Empire Mall
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1112 | 3,600 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $64,800 /YR $5,400 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1116 | 5,620 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $101,160 /YR $8,430 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1200 | 5,040 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $90,720 /YR $7,560 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1208 | 4,050 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $72,900 /YR $6,075 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1224 | 2,262 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $40,716 /YR $3,393 /MO | Triple Net (NNN) |
1100-1220 W 41st St - 1st Floor - Ste 1112
Second-generation shell offers an open showroom, work area that overlooks the showroom, single restroom, three offices, and a storage room with a utility sink & shelving. Double-door rear exit for convenient loading and access.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1100-1220 W 41st St - 1st Floor - Ste 1116
Vestibule entry with two doors, large open showroom, back office overlooking showroom, storage area, small storage room with a utility sink, and restrooms. Double doors off the showroom lead to a storage area with one dock-high overhead garage door with lift for efficient loading and unloading. Rear employee entrance for convenient access.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1100-1220 W 41st St - 1st Floor - Ste 1200
Vestibule entry, large open showroom, one office, ample storage space, a utility room with storage shelves, utility closet with a sink, and restrooms. Rear entrance and one overhead garage door provide convenient access for deliveries and employees.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1100-1220 W 41st St - 1st Floor - Ste 1208
Open showroom with a built-in reception area, two storage rooms, and one restroom. Double-door rear exit for convenient loading and access.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1100-1220 W 41st St - 1st Floor - Ste 1224
End-cap suite with an open showroom, five offices, storage area, plumbing for a kitchenette, and a restroom. Side door provides convenient access for employees.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap 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 GILRICH VILLAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Crossroads Book & Music
- Books
- 1
- Local
- Hibachi Grill & Supreme Buffet
- Restaurant
- 1
- -
- Juna Sleep Systems
- Furniture/Mattress
- 1
- -
- Rebath, Llc
- Other Services
- 214
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Crossroads Book & Music | Books | 1 | Local |
| Hibachi Grill & Supreme Buffet | Restaurant | 1 | - |
| Juna Sleep Systems | Furniture/Mattress | 1 | - |
| Rebath, Llc | Other Services | 214 | National |
PROPERTY FACTS
| Total Space Available | 20,572 SF | Gross Leasable Area | 55,403 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.93 AC |
| Stores | 10 | Year Built | 1992 |
| Center Properties | 1 |
| Total Space Available | 20,572 SF |
| Center Type | Neighborhood Center |
| Stores | 10 |
| Center Properties | 1 |
| Gross Leasable Area | 55,403 SF |
| Total Land Area | 3.93 AC |
| Year Built | 1992 |
ABOUT THE PROPERTY
Gilrich Village is a 55,380 SF retail center along 41st Street. Located near the intersection of 41st Street and Minnesota Avenue, this highly visible strip mall is surrounded by established national retailers including Costco, Dollar Tree, Office Depot, Planet Fitness, and Staples. This site benefits from high traffic counts, strong area co-tenancy, and proximity to I-229, less than one mile away.
NEARBY MAJOR RETAILERS
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Gilrich Village | 1112 W 41st St
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