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Highlights

  • Hybrid retail and shop configuration for operational flexibility.
  • Two overhead doors and additional lot space for storage needs.
  • Surrounded by major brands driving heavy customer traffic throughout the day.
  • Excellent visibility from Interstate 29 with quick connection to 41st Street.
  • Positioned within a dominant retail trade area near The Empire Mall.
  • Convenient access to major roadways, including Marion Road and I-29.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 5,140 SF
  • Negotiable
  • $10.00 /SF/YR $0.83 /SF/MO $51,400 /YR $4,283 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This flexible retail and shop space offers a highly visible location near one of Sioux Falls’ busiest retail corridors. The building combines showroom and shop features, creating an adaptable solution for businesses that need both customer-facing and operational capacity. Two overhead doors and supplemental storage enhance functionality, while the property sits on a spacious lot with ample parking. Positioned near the intersection of W. 41st Street and Marion Road, the site provides outstanding regional access, just minutes from the Empire Mall, Lake Lorraine, and Interstate 29. The immediate trade area includes a significant concentration of national retailers such as Target, Walmart, Menards, and The Home Depot, generating strong consumer traffic with over 28,600 vehicles per day along 41st Street and Carolyn Avenue. Available August 1, 2026, this property serves businesses that require visibility, convenience, and operational versatility in one of Sioux Falls’ most active commercial zones.

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 5,140 SF Negotiable $10.00 /SF/YR $0.83 /SF/MO $51,400 /YR $4,283 /MO Triple Net (NNN)

1st Floor

Size
5,140 SF
Term
Negotiable
Rental Rate
$10.00 /SF/YR $0.83 /SF/MO $51,400 /YR $4,283 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

This flexible retail and shop space offers a highly visible location near one of Sioux Falls’ busiest retail corridors. The building combines showroom and shop features, creating an adaptable solution for businesses that need both customer-facing and operational capacity. Two overhead doors and supplemental storage enhance functionality, while the property sits on a spacious lot with ample parking. Positioned near the intersection of W. 41st Street and Marion Road, the site provides outstanding regional access, just minutes from the Empire Mall, Lake Lorraine, and Interstate 29. The immediate trade area includes a significant concentration of national retailers such as Target, Walmart, Menards, and The Home Depot, generating strong consumer traffic with over 28,600 vehicles per day along 41st Street and Carolyn Avenue. Available August 1, 2026, this property serves businesses that require visibility, convenience, and operational versatility in one of Sioux Falls’ most active commercial zones.

  • 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.

Property Facts

Total Space Available 5,140 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 15,210 SF
Year Built 1976

About the Property

The property consists of a multi-tenant building located on South Carolyn Avenue in Sioux Falls, adjacent to one of the primary retail and commercial corridors near West 41st Street. The structure offers a mix of open floor plan retail space, offices, storage, and work areas. Access features include overhead doors at the rear and a surface parking lot in front. The immediate vicinity includes major regional shopping destinations and direct arterial connectivity to Interstate 29.

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
40/100

Nearby Major Retailers

Red Lobster
Perkins
IHOP
Chili's Grill & Bar
Ruby Tuesday
Outback Steakhouse
Texas Roadhouse
Applebee's
Red Robin
Caribou Coffee
  • Listing ID: 41038691

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: 3205-3207 S Carolyn Ave, Sioux Falls, SD 57106

Contact the Leasing Agent

3205-3207 S Carolyn Ave

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