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Meadows On The River 2530 S Louise Ave 1,390 SF of Retail Space Available in Sioux Falls, SD 57108
HIGHLIGHTS
- Co-tenants include Sickies Garage Burgers & Brews, L.A. Nails, Aria Salon Studios, and a restaurant (announcement coming soon)
- Dedicated turning lane into the parking lot for ease of access
- Louise Avenue carries traffic counts of 21,800 VPD
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2604 | 1,390 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $22,240 /YR $1,853 /MO | Triple Net (NNN) |
2600-2616 S Louise Ave - 1st Floor - Ste 2604
Efficient open layout with a long front counter featuring forward-facing prep space, flexible seating area, mens and womens restrooms, a utility closet, and back-of-house space with multiple sinks, storage, and refrigeration. Defined customer flow from entry to point-of-sale.
- 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 MEADOWS ON THE RIVER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Aria Salon Suites
- Services
- -
- -
- LA Nails
- Nail Salon
- 1
- Local
- Sickies Garage Burgers & Brews
- Restaurant
- 14
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Aria Salon Suites | Services | - | - |
| LA Nails | Nail Salon | 1 | Local |
| Sickies Garage Burgers & Brews | Restaurant | 14 | National |
PROPERTY FACTS
| Total Space Available | 1,390 SF | Frontage | 615’ on Louise Avenue |
| Center Type | Strip Center | Gross Leasable Area | 35,000 SF |
| Parking | 148 Spaces | Total Land Area | 3.11 AC |
| Center Properties | 1 | Year Built | 2001 |
| Total Space Available | 1,390 SF |
| Center Type | Strip Center |
| Parking | 148 Spaces |
| Center Properties | 1 |
| Frontage | 615’ on Louise Avenue |
| Gross Leasable Area | 35,000 SF |
| Total Land Area | 3.11 AC |
| Year Built | 2001 |
ABOUT THE PROPERTY
Along S. Louise Avenue, this site sits within an established strip mall in a dominant retail corridor. With direct access to 41st Street, the 41st & Louise intersection remains one of the city’s most influential retail nodes, anchored by Target, The Empire Mall, and Starbucks, among many other retailers. Within the Meadows on the River Development, which is anchored by The Home Depot, Sam’s Club, Aldi, and Barnes & Noble; the development attracts a growing 14.0M visitors annually.
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
NEARBY MAJOR RETAILERS
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Meadows On The River | 2530 S Louise Ave
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