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LLOYD COMPANIES FOR SALE THE CROSSROADS REDEVELOPMENT Find out more at lloydcompanies.com SIZE DESCRIPTION PRICE LOCATION 1.51 Acres to 30 Acres For Sale $8.00 to $22.00 / SF 30 acre retail redevelopment site along Interstate 29 Contact Broker for additional information. Located at the crossroads of West 12th Street and Interstate 29, this site provides optimal visibility. A 30 acre retail redevelopment site with a concept plan that features restaurant, retail and hotel users. Area attractions include Sherman park with baseball and softball fields, the Great Plains Zoo, and many area tenants including Dollar Tree, Harbor Freight and Stan Houston. The site features interstate exposure and traffic counts of over 38,000 vehicles per day! 101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820 Information deemed reliable, but not guaranteed. Concept plan features restaurant, retail and hotel users See Attached Site is scheduled to be scraped 2019 with construction commencing 2019 RAQUEL BLOUNT, SIOR [email protected] 728-9092 605 W 12th Street & Interstate 29 Sioux Falls, SD 57106

FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

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Page 1: FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

LLOYDC O M PA N I E S

FOR SALE

THE CROSSROADSREDEVELOPMENT

Find out more at lloydcompanies.com

SIZE

DESCRIPTION

PRICE LOCATION1.51 Acres to 30 Acres For Sale $8.00 to $22.00 / SF

30 acre retail redevelopment site along Interstate 29

Contact Broker for additional information.

Located at the crossroads of West 12th Street and Interstate 29, this site provides optimal visibility. A 30 acre retail redevelopment site with a concept plan that features restaurant, retail and hotel users. Area attractions include Sherman park with baseball and softball fields, the Great Plains Zoo, and many area tenants including Dollar Tree, Harbor Freight and Stan Houston. The site features interstate exposure and traffic counts of over 38,000 vehicles per day!

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820Information deemed reliable, but not guaranteed.

Concept plan features restaurant, retail and hotel users

See Attached

Site is scheduled to be scraped 2019 with construction commencing 2019

RAQUEL BLOUNT, SIOR

[email protected]

5

W 12th Street & Interstate 29Sioux Falls, SD 57106

Page 2: FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

EXISTING HOTEL

13th St.

BMP- 1.8 AC

BMP- .36 AC

12th St.

12th St.

Edm

ond

Ave

.

RESTAURANT10,200 SF

Parcel- 2.3 AC CAR SWAP10,000 SQ FTParcel- 1.3 AC

RETAIL9,500 SQ FT

Parcel-1.6 AC

RETAIL10,850 SQ FTParcel- 1.5 AC

RETAIL35,000 SQ FTParcel- 3.7 AC

HOTEL3 STORIES- 65 Units

46,600 SQ FT

Parcel- 2.7 AC

STORAGE 2-STORIES116,000 SQ FTParcel- 3.6 AC

RETAIL6000 SQ FT

Parcel- 1.4 AC

RETAIL 8000 SQ FT

Parcel- 1.4 AC

EXISTING GAS STATION

Edm

ond

Ave.

HOTEL66,755 SF

3 STORIES- 90 UNITS

Parcel- 4.2 AC

N

1" = 160'-0"1GAGE BROTHER SITE STUDY-10-12-2018

LLOYDC O M PA N I E S

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820Information deemed reliable, but not guaranteed.

SITE PLAN

RAQUEL BLOUNT, SIOR

[email protected]

5

Concept plan only;Subject to change

$18.00 / SF

$14.00 / SF

$14.00 / SF

$14.00 / SF

$12.00 / SF

$8.00 / SF

$12.00 / SF

$8.00 / SF

THE CROSSROADSREDEVELOPMENT

Page 3: FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

LLOYDC O M PA N I E S

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820Information deemed reliable, but not guaranteed.

LOCATION

RAQUEL BLOUNT, SIOR

[email protected]

5

With Traffic Counts

Information deemed reliable, but not guaranteed.Lloyd Companies l 605.323.2820 l www.lloydcompanies.com

30 ACRE REDEVELOPMENT

RAQUEL BLOUNT

[email protected]

5

Contact Broker for more information:

THE CROSSROADSREDEVELOPMENT

50,950 CARS PER DAY

32,200 CARS PER DAY 38,600 CARS PER DAY

53,320 CARS PER DAY

34,000 CARS PER DAY

THE CROSSROADSREDEVELOPMENT

Page 4: FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

S M

INN

ESO

TA A

VES

MIN

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OTA

AVE

265TH STREET265TH STREET

261ST ST

12TH ST12TH ST10TH ST10TH ST

261ST ST W 60TH ST NW 60TH ST N

ARROWHEAD PKWY

ARROWHEAD PKWY

11

W 41ST ST

N C

LIFF AVE

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S M

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DAKOTA CROSSING

DAWLEY FARMS

THE EMPIRE MALL

41ST & LOUISE

WESTERN MALL

S S

YCA

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RE A

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S B

AH

NS

ON

AVE

EMPIRE EAST

THE BRIDGES

HEART HOSPITALHEART HOSPITAL53 BEDS53 BEDS

755 STUDENTS755 STUDENTSO’GORMAN

THE EDGESDEVELOPMENT

ROOSEVELTHIGH SCHOOL2,134 STUDENTS2,134 STUDENTS

1,997 STUDENTS1,997 STUDENTSWASHINGTON HIGH

1,920 STUDENTS1,920 STUDENTSLINCOLN HIGH

225 STUDENTS225 STUDENTSSPORTS

COMPLEXSPORTS

COMPLEX

THELIN BUSINESS DEVELOPMENT

LAKE LORRAINELAKE LORRAINE

321 STUDENTS321 STUDENTS

NEW TECHNOLOGYHIGH SCHOOL

2,507 STUDENTS2,507 STUDENTS

PROPOSEDPROPOSED

1,871 STUDENTS1,871 STUDENTS

1,224 STUDENTS1,224 STUDENTS

545 BEDS545 BEDS

2,000 STUDENTS2,000 STUDENTS

MEDICAL CENTERMEDICAL CENTER98 BEDS

SANFORD SPORTSCOMPLEX

OWNEDLAND

DOWNTOWN

545 BEDS545 BEDS

HARRISBURGPop. 5 ,698(3 mi les)

BRANDONPop. 9 ,923(6 mi les)

HARTFORDPop. 3 ,140(9 mi les)

TEAPop. 5 ,000(3 mi les)

REDEVELOPMENT SITE

PRAIRIE HILLS GALLERIA

LLOYDC O M PA N I E S

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820Information deemed reliable, but not guaranteed.

RAQUEL BLOUNT, SIOR

[email protected]

5THE CROSSROADSREDEVELOPMENT

AVAILABLE

Page 5: FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

LLOYDC O M PA N I E S

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820Information deemed reliable, but not guaranteed.

RAQUEL BLOUNT, SIOR

[email protected]

5

Forbes has also identified Sioux Falls as the nation’s top small city for business and careers.

Forbes named Sioux Falls #20 in Job Growth, #30 in Cost of Doing Business, #41 in Education and #1 in their 2015 top 10 list of Up and Coming Cities for Recent College Grads.

Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015.

WalletHub ranked Sioux Falls #1 in 2014 for “Wallet Wellness” which gages the connection between physical, financial and emotional health, #4 as best city for families in 2016, #4 as best city in America to find a job in 2015, and #9 for best-run city in America in 2015.

League of American Bicyclists recognized Sioux Falls with a bronze-level as a bicycle-friendly community.

MoneyRates.com classified Sioux Falls as #7 for Best Cities for Young Entrepreneurs, in the top 10 nationally for Young Adult Affluence and #2 for Cities with Favorable Business Tax Climates.

In 2016, MSN Money listed Sioux Falls #10 in this list of the 25 Most Livable Cities in the U.S.

Sioux Falls ranked #8 in 2015 for well-being, according to the Gallup-Healthways 2015 Well-Being Index.

Sioux Falls was mentioned as one of 25 happiest, healthiest cities in America by Prevention Magazine, winning the all-around healthiest category due to its highest levels of self-reported health. Easy commutes, low crime and unemployment, and good access to health insurance were also highly recognized. Healthline also recognized Sioux Falls among their top 10 list of Healthiest Small Towns in the U.S. in 2016.

Livability.com recognized Sioux Falls in the top ten for “Best Place to Live in 2015”, mentioning its big-city mixture of culture, business and industry.

Sioux Falls came in at #6 in WalletHub’s 2018 Best-Run Cities in America ranking. The list assessed 150 of the most populated cities nationwide by comparing the services residents receive against the city's total budget. A "quality of services" score was calculated according to 35 metrics related to the categories of financial stability; education; health; safety; economy; and infrastructure and pollution.

SmartAsset ranked Sioux Falls as the #1 US city for young professionals in 2017 and 2018. The ranking took into account the city's median gross rent, five-year change in median earnings, entertainment and arts establishments, job diversity, unemployment rate, labor-force participation rate, and the number of people age 25 to 34 in the city.

SIOUX FALLS HIGHLIGHTS

PROJECTED POPULATIONYEAR SIOUX FALLS MSA

2020 185,100 285,387

2025 201,800 325,391

2030 217,000 370,693

2035 233,200 422,608

AGE DISTRIBUTIONAGE (YEARS) SIOUX FALLS

0-19 28.1%

20-64 59.2%

65+ 12.6%

POPULATIONYEAR SIOUX FALLS MSA*2010 153,888 228,261

2014 165,800 240,202

2018 183,200 266,700

Sioux Falls is one of the fastest-growing areas in the nation with a population growth rate nearly four

times the national average. As the largest retail center between Denver and the Twin Cities, Sioux Falls

offers the consumer a vast selection of goods with thousands of retail stores scattered throughout the

metro area. Employing approximately 12.4 percent of the metro labor force, the retail sector has a

primary market area of 650,000+ consumers and draws shoppers from a four state area.

Source: City of Sioux Falls Planning Department

http://www.siouxfallsdevelopment.com/demographics.cfm

*Prior to December 31, 1992, the Sioux Falls Metropolitan Statistical Area consisted of Minnehaha County. On December 31, 1992, the Federal

Office of Management and Budget revised the MSA designation to include Lincoln County. The 2005-2012 MSA figures include the counties of

McCook & Turner.

Major Employers:

• Sanford Health - 9,542

• Avera Health - 8,298

• Smithfield Foods - 3,600

• Sioux Falls School District - 3,400

• HyVee Food Stores - 3,116

• Wells Fargo - 2,262

• Citi - 1,800

• Good Samaritan Society - 1,500

• Walmart/Sam’s Club - 1,460

THE CROSSROADSREDEVELOPMENT

Page 6: FOR SALE...Sioux Falls MSA has the 8th strongest local economy in the US, according to POLICOM Corporation’s annual economic strength rankings in 2015. WalletHub ranked Sioux Falls

LLOYDC O M PA N I E S

101 S. Reid Street | Ste. 201 | Sioux Falls, SD 57103 | 605.323.2820Information deemed reliable, but not guaranteed.

MARKET PROFILERAQUEL BLOUNT, SIOR

[email protected]

5

Market ProfileW 12th St, Sioux Falls, South Dakota, 57107 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 43.54382

Longitude: -96.77770

1 mile 3 miles 5 milesPopulation Summary

2000 Total Population 3,424 64,527 108,8112010 Total Population 4,269 70,388 130,2182017 Total Population 4,716 78,685 146,311

2017 Group Quarters 17 3,652 5,9402022 Total Population 5,082 84,852 158,932

2017-2022 Annual Rate 1.51% 1.52% 1.67%2017 Total Daytime Population 5,911 90,128 157,309

Workers 3,960 55,071 93,277Residents 1,951 35,057 64,032

Household Summary2000 Households 1,472 27,454 44,439

2000 Average Household Size 2.32 2.24 2.352010 Households 2,004 29,875 52,891

2010 Average Household Size 2.12 2.23 2.352017 Households 2,218 33,417 59,414

2017 Average Household Size 2.12 2.25 2.362022 Households 2,392 36,088 64,600

2022 Average Household Size 2.12 2.25 2.372017-2022 Annual Rate 1.52% 1.55% 1.69%

2010 Families 908 15,854 31,0772010 Average Family Size 2.94 2.95 2.99

2017 Families 970 17,419 34,3852017 Average Family Size 2.94 2.97 3.01

2022 Families 1,030 18,660 37,1752022 Average Family Size 2.94 2.98 3.022017-2022 Annual Rate 1.21% 1.39% 1.57%

Housing Unit Summary2000 Housing Units 1,532 28,730 46,248

Owner Occupied Housing Units 67.9% 51.0% 57.3%Renter Occupied Housing Units 28.2% 44.6% 38.8%Vacant Housing Units 3.9% 4.4% 3.9%

2010 Housing Units 2,233 32,454 56,953Owner Occupied Housing Units 37.1% 48.1% 56.3%Renter Occupied Housing Units 52.7% 43.9% 36.6%Vacant Housing Units 10.3% 7.9% 7.1%

2017 Housing Units 2,459 36,026 63,562Owner Occupied Housing Units 35.6% 47.9% 56.2%Renter Occupied Housing Units 54.6% 44.9% 37.3%Vacant Housing Units 9.8% 7.2% 6.5%

2022 Housing Units 2,647 38,835 68,998Owner Occupied Housing Units 35.2% 48.1% 56.4%Renter Occupied Housing Units 55.2% 44.9% 37.2%Vacant Housing Units 9.6% 7.1% 6.4%

Median Household Income2017 $44,167 $45,649 $52,1112022 $53,677 $54,639 $60,554

Median Home Value2017 $45,582 $145,802 $160,1502022 $45,629 $170,526 $181,687

Per Capita Income2017 $26,003 $26,668 $29,4582022 $31,676 $31,225 $34,170

Median Age2010 29.0 32.8 33.42017 30.5 34.2 34.92022 30.8 34.8 35.4

Data Note: Household population includes persons not residing in group quarters. Average Household Size is the household population divided by total households. Persons in families include the householder and persons related to the householder by birth, marriage, or adoption. Per Capita Income represents the income received by all persons aged 15 years and over divided by the total population.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022 Esri converted Census 2000 data into 2010 geography.

September 22, 2017

©2017 Esri Page 1 of 7

THE CROSSROADSREDEVELOPMENT