4214 W. 38th Str

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4214 W. 38th Str

Sioux Falls, SD 57106
Asking Price
$995K
Asset Type
Retail
Class
Class B

What's Special

4214 W. 38th Street is situated in a well-established commercial corridor in southwestern Sioux Falls. The property is located just west of the high-traffic intersection at 41st Street and Kiwanis Avenue, providing proximity to various national retailers, local service businesses, and dining establishments. The neighborhood is characterized by a mix of mature residential pockets and dense retail development. Accessibility is supported by nearby major thoroughfares and easy connections to the Interstate 29 interchange, facilitating regional transit and local customer flow. The building’s functional layout and central location make it suitable for a variety of retail applications, including boutique shops, hardware providers, or niche showrooms. Given the surrounding demographic, the asset is well-positioned for service-oriented tenants such as salons, fitness studios, or professional offices requiring high visibility. This location typically attracts established local businesses or regional satellite branches looking to leverage the area’s consistent daily vehicle counts and the proximity to the city's primary shopping districts.

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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395

Location & Travel Times