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The Shoppes at Lake Lorraine 2500-2568 Lorraine Pl
1,565 - 4,944 SF of Space Available in Sioux Falls, SD 57106
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2504 | 1,571 SF | Negotiable | $23.50 /SF/YR $1.96 /SF/MO $36,919 /YR $3,077 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2564 | 1,808 SF | Negotiable | $23.50 /SF/YR $1.96 /SF/MO $42,488 /YR $3,541 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2568 | 1,565 SF | Negotiable | $23.50 /SF/YR $1.96 /SF/MO $36,778 /YR $3,065 /MO | Triple Net (NNN) |
2420 S Lorraine Pl - 1st Floor - Ste 2504
This is a dark shell space. The Landlord is offering a $40 TIA.
- Lease rate does not include utilities, property expenses or building services
- Fits 1,571 People
- Space In Need of Renovation
2420 S Lorraine Pl - 1st Floor - Ste 2564
This space is currently a vanilla shell space with an open retail area, restroom and a mechanical room. Landlord is offering a tenant improvement allowance.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
2420 S Lorraine Pl - 1st Floor - Ste 2568
FF&E is negotiable
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Visible to I-29 (60,000 cars/per day)
- Lake Lorraine - premiere mixed-used development.
- Anchored by national tenancy
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 broker 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.
SELECT TENANTS AT The Shoppes at Lake Lorraine
- Tenant
- Description
- US Locations
- Reach
- Dave & Buster's
- Arts, Entertainment, and Recreation
- -
- -
- Five Below
- Dollar/Variety/Thrift
- 2,258
- National
- Hobby Lobby
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Dave & Buster's | Arts, Entertainment, and Recreation | - | - |
| Five Below | Dollar/Variety/Thrift | 2,258 | National |
| Hobby Lobby | Retailer | - | - |
PROPERTY FACTS FOR 2500-2568 Lorraine Pl , Sioux Falls, SD 57106
| Center Type | Neighborhood Center | Gross Leasable Area | 70,186 SF |
| Stores | 2 | Total Land Area | 20.34 AC |
| Center Properties | 3 | Year Built | 2019 |
| Center Type | Neighborhood Center |
| Stores | 2 |
| Center Properties | 3 |
| Gross Leasable Area | 70,186 SF |
| Total Land Area | 20.34 AC |
| Year Built | 2019 |
About the Property
Retail spaces situated between Hobby Lobby and Dave & Busters, with Interstate 29 frontage! Spaces range from 1,500 - 10,605 sqft (Building B & Building C availability) $23.50 per foot NNN (Estimated NNN is $6.00). Landlord is offering $25/sq. ft. as a Tenant Improvement Allowance.
Nearby Major Retailers
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The Shoppes at Lake Lorraine | 2500-2568 Lorraine Pl
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