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Lake Lorraine Marion Road Retail Suite 140 2400 S Marion Rd
1,895 SF of Office/Retail Space Available in Sioux Falls, SD 57106
Highlights
- On the west side of Lake Lorraine
- West 26th Street: 27,200 cars per day
- One of the fastest growing mixed-use developments in South Dakota
- Marion Road: 13,300 cars per day
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 140 | 1,895 SF | Negotiable | £14.75 /SF/PA £1.23 /SF/MO £27,948 /PA £2,329 /MO | Triple Net |
1st Floor, Ste 140
Space is currently a dark warm shell with 6 feet of poured concrete at the entrance. Grand windows with natural lighting. Separate door for deliveries in the back of the space. Tenant Improvement Allowance of $25 PSF.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Natural Light
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 agent 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 FOR 2400 S Marion Rd , Sioux Falls, SD 57106
| Property Type | Retail | Year Built | 2017 |
| Gross Internal Area | 13,125 SF |
| Property Type | Retail |
| Gross Internal Area | 13,125 SF |
| Year Built | 2017 |
About the Property
Retail building situated on Marion Road, on the west side of the Lake Lorraine Lifestyle Center. Lake Lorraine is one of the fastest growing mixed-use developments in South Dakota, including a mix of national and local retailers, offices, medical buildings and condos.
- 24 Hour Access
- Wheelchair Accessible
- Air Conditioning
Nearby Major Retailers
Presented by
Lake Lorraine Marion Road Retail Suite 140 | 2400 S Marion Rd
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