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Investment Highlights

  • Tenants: Firehouse Subs, The Cell Phone Guy, Metro by T-Mobile, Chasing Clouds Vape, a beauty supply store, and DXL Big & Tall
  • Daytime population of 17,697 and over 15,625 businesses with a 1-mile radius, making this a strategic and well-positioned asset
  • Adjacent to O'Gorman High School (1,637 students; 2024-2025)
  • Two vacant suites provide potential to draw a range of tenants, or an owner-occupant opportunity
  • Neighboring tenants Walgreens, Chili's, Olive Garden, Target, FedEx, TJ Maxx, Starbucks, and so much more
  • Contact Broker for a copy of the NDA

Executive Summary

Greenway Mall provides an investment opportunity near the intersection of 41st Street & Louise Avenue. The offering includes two vacant suites, available now, opening up potential for an owner-occupant investor to establish a presence while benefiting from existing income. Current tenants include Firehouse Subs, The Cell Phone Guy, Metro by T-Mobile, Chasing Clouds Vape, a beauty supply store, and DXL Big & Tall. Greenway Mall is positioned within a low-vacancy retail corridor surrounded by national anchors such as Target, Barnes and Noble, and Chick-fil-A.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
24,192 SF
Building Class
C
Year Built
1985
Price
$3,450,000
Price Per SF
$142.61
Cap Rate
8.96%
NOI
$309,120
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.46 AC
Zoning
C-4 - General Commercial
Parking
60 Spaces (2.4 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Tenant Controlled HVAC
  • Enclosed Mall
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 3508
  • 2,346 SF
  • Retail
  • In-Line
  • Now

• Floor plan offers a large open area with restrooms and a private room • Shared rear entrance and utility room with suite 3508-100; potential to lease both suites • Available now

  • 3508 - 100
  • 2,014 SF
  • Retail
  • -
  • Now

Suite 100 is an interior bay with a sales floor and storage areas

Space Size Space Use Position Available
3508 2,346 SF Retail In-Line Now
3508 - 100 2,014 SF Retail - Now

3508

Size
2,346 SF
Space Use
Retail
Position
In-Line
Available
Now

3508 - 100

Size
2,014 SF
Space Use
Retail
Position
-
Available
Now

3508

Size 2,346 SF
Space Use Retail
Position In-Line
Available Now

• Floor plan offers a large open area with restrooms and a private room • Shared rear entrance and utility room with suite 3508-100; potential to lease both suites • Available now

3508 - 100

Size 2,014 SF
Space Use Retail
Position -
Available Now

Suite 100 is an interior bay with a sales floor and storage areas

Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Nearby Major Retailers

Olive Garden
The Original Pancake House
Chili's Grill & Bar
Starbucks
Red Lobster
7 Brew Coffee
Crunch Fitness
Hy-Vee
Natural Grocers
Huntington National Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 37578
  • 56093
Land Assessment
$992,500
Improvements Assessment
$1,743,900
Total Assessment
$2,736,400
  • Listing ID: 39018421

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 3500-3510 W 41st St, Sioux Falls, SD 57106

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