100% OCCUPIED 167,767 SF TARGET SHADOW ANCHORED CENTER LOCATED IN SIOUX FALLS, SOUTH DAKOTA
REQUEST FOR OFFER
167,767 SF
GROSS LEASABLE AREA
OFFERING HIGHLIGHTS
EMPIRE EAST
- 100% Occupied, 3-Tenant Target & Regional Mall Shadowed Power Center in Sioux Falls, SD
- #1 Trade Area/Shopping Destination in a 75-Mile Radius with a Trade Area Population of Over 250,000
- WALT of 7.1 Years – No Rollover Until 2029; High Historical Occupancy
- Target (NAP) Strong Cross-Traffic Driving Shadow-Anchor with Over 2M Annual Visits; Top 10% Nationally (Placer.ai)
- Substantial NOI Growth Over Prospective Hold Period: 2.8% 5-Year NOI CAGR & 2.2% 10-Year NOI CAGR
- Super-Regional Draw Trade Area – 85% of Traffic Encompasses a 115 Square Miles & Population of Over 250,000
ERIN PATTON
Senior Managing Director
Institutional Property Advisors
Columbus Office
614-360-9035
RYAN BOWLBY
Senior Director
Institutional Property Advisors
Denver Office
303-328-2030
DREW ISAAC
Senior Managing Director
Institutional Property Advisors
Denver Office
303-328-2048
BENNETT ELSMAN
Financial Analyst
Institutional Property Advisors
Denver Office
303-328-2031
SCOTT WILES
Senior Managing Director
Institutional Property Advisors
Cleveland Office
216-264-2026
CRAIG FULLER
Senior Managing Director
Institutional Property Advisors
Cleveland Office
216-264-2043
JON RUZICKA
South Dakota Broker of Record
License # 17724
