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Northern Tool + Equipment - Corp Guarantee 4440 W Crossroads Pl 22,000 SF Retail Building Sioux Falls, SD 57106 $4,631,000 ($210.50/SF) 7.15% Cap Rate

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Investment Highlights

  • 8+ Years Remaining on Lease with Corporate Guaranty by Northern Tool + Equipment
  • Dense Sioux Falls Trade Area with 163,658 Residents within a 5-Mile Radius
  • Households and Population Projected to Increase 7%+ in the Immediate Area by 2030
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Sioux Falls is the Most Populous City in the State of South Dakota
  • Excellent Access and Visibility from Interstate 29 (±66,000 Cars per Day), a Major Connector for the Sioux Falls MSA

Executive Summary

Northern Tool + Equipment is an industry leader, offering a wide selection of products, from consumer goods to industrial and construction equipment. With over 120 store locations across more than 20 states, Northern Tool has a strong retail presence in the U.S. Northern Tool reaches an even wider audience through year-round catalog offerings, a website packed with over 100,000 tools, curbside store pickup, and nationwide delivery.
Sioux Falls is the most populous city in the state of South Dakota and is the county seat of Minnehaha County. The city’s population sits at approximately 225,000 people. In 2025, the city’s population grew by 2.3 percent, which aligns with the city’s long-term growth rate.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,000 SF
Building Class
B
Year Built
2022
Price
$4,631,000
Price Per SF
$210.50
Cap Rate
7.15%
NOI
$331,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
2.05 AC
Parking
78 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
290’ on West Crossroads Place

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Northern Tool + Equipment
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Northern Tool + Equipment Retailer 99,999 SF - Lorem Ipsum -

Nearby Major Retailers

Starbucks
Toyota
CrossFit
WW
Rent-A-Center
Hy-Vee
  • Listing ID: 39630772

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 4440 W Crossroads Pl, Sioux Falls, SD 57106

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