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    $8,535,000

  • Active - Contingent Misc | MLS#: 21805091
  • 15.04Acre

4501 E Arrowhead Pkwy Sioux Falls, SD 57110

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Listing provided courtesy of: RE/MAX Professionals Inc

Overview

SHOPKO PLAZA; SHOPKO PLAZA I & SHOPKO PLAZA II. This 100% lease commercial development is located at the SE corner of Arrowhead Pkwy & Sycamore Ave. Solid long term tenants of varying lengths many with renewal options. Includes two land leases to Shopko & Liberty Bank. Great tenant mix! All leases are NNN, with one exception. Most major components have been replaced including rubber roofs and HVAC systems. Very little deferred maintenance. This well managed development fronts on Arrowhead Pkwy with over a 20,800 traffic count per day. Additional land included for future expansion. Annual Gross revenue exceeds $625,000. Price calculated at a 7% CAP based upon currently NOI.

General Features

  • Year Built 1989
  • Disability Access Ramped Entrance, Handicap Parking, Level Lot
  • Property Subtype Mixed Use
  • REO Bank Owned No
  • Sale Includes Buildings, Land, Other
  • Services Sanitation Sewer, Natural Gas, Curb/Gutter, Bus, City Water
  • Short Sale No

Building Features

  • Air Conditioning Central
  • Bath Type In Suite
  • Construction Masonry
  • Heat Central
  • Heat Source Natural Gas
  • Roof Rubber
  • Safety Features Security System, Exterior Lighting, Security Lighting
  • Stories 1

Room Features

Property Features

  • Access State Highway, City Street
  • Parking Capacity 50+
  • Road Surface Concrete, Asphalt
  • Zoning C-4

Listing agent photo

Coleen Allen

719-651-7707RE/MAX PROPERTIES, INC

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Price & Status History

Days on Market

  • This property has been listed on the market for 118 days

Location

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Listing agent photo

Coleen Allen

719-651-7707RE/MAX PROPERTIES, INC

Ask A Question

Community Demographics for Zip Code 57110 (Sioux Falls)

Housing Occupancy
  • Home Owners: 4,711 (71%)
  • Renters: 1,535 (23%)
  • Vacant: 357 (5%)
  • Total Housing Units: 6,603
Households
  • Average Household Size: 2.72
  • Housing Density (People per square mile): 837
Age Range (number of people)
  • Age 0-14: 4,375
  • Age 15-24: 2,490
  • Age 25-39: 3,126
  • Age 40-59: 4,054
  • Age 60-79: 2,437
  • Age 80+: 523
  • Total: 17,005

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 57110 (Sioux Falls)

Public Schools in Zip Code 57110 (Sioux Falls)

* This list of schools may not match the property above.

WASHINGTON HIGH SCHOOL - 01 501 NORTH SYCAMORE AVE SIOUX FALLS, SD 57110 Phone: 6053677970 9th-12th
Grade Size Distribution
  • 9th: 661
  • 10th: 569
  • 11th: 448
  • 12th: 461
School Population
  • Teachers: 125
  • Students per Teacher: 17.1
  • Students: 2139
  • Male/Female: 1063/1076
School District
  • SIOUX FALLS SCHOOL DISTRICT 49-5
  • 201 EAST 38TH ST SIOUX FALLS, SD 57105
  • Phone: 6053677900
District Population
  • Schools: 50
  • Full-Time Teachers: 1381
  • Students per Teacher: 15.8
  • Staff: 2615
  • Students: 21842

Private Schools in Zip Code 57110 (Sioux Falls)

* This list of schools may not match the property above.

SIOUX FALLS CHRISTIAN HIGH 1000 S Sycamore Ave Sioux Falls, SD 57110 Phone: 6053341422 6th-12th
Grade Size Distribution
  • 6th: 44
  • 7th: 57
  • 8th: 43
  • 9th: 47
  • 10th: 46
  • 11th: 53
  • 12th: 48
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 338
SF CHRISTIAN JR HI SIOUX FALLS, SD 57110 Phone: 6053341422 PreK-8th
Grade Size Distribution
  • 6th: 45
  • 7th: 55
  • 8th: 45
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 145
SIOUX FALLS CHILDREN S HOME 801 N SYCAMORE Sioux Falls, SD 57110 Phone: 6053346004 PreK-7th
Grade Size Distribution
  • PreK: 3
  • Knd: 4
  • 1st: 12
  • 2nd: 12
  • 3rd: 12
  • 4th: 12
  • 5th: 10
  • 6th: 8
  • 7th: 5
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 78
FAITH CHRISTIAN ACADEMY 101 N SYCAMORE DR Sioux Falls, SD 57110 Phone: 6053361034
Grade Size Distribution
  • Ungrd: 40
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 40

* School data provided by US Department of Education


The data relating to real estate for sale on this website is provided in part by Realtor Association of the Sioux Empire(RASE). Information deemed reliable but not guaranteed. The property information provided on this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. ©2018 All rights reserved.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional