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SIOUX FALLS, SD It the main thoroughfare on the east Nike Air More Uptempo Red Black side of Sioux Falls. East 10th Street has an eclectic collection of new and old buildings, businesses and restaurants.
But at the same time, there are vacant spots in strip malls and several businesses have either turned over or closed up shop altogether, like the Sonic Drive In and just his week, the IHOP.
Broker with Bender Commercial said.
a Qdoba going in across the street to open next month; and a new strip mall being built to house the Mint Casino and a Jimmy John sub shop.
"Within a one mile radius you have roughly 15,000 people who live here and they had roughly a three percent increase in your median household income, so there are a lot of positive things," Nick Gustafson, Commercial Real Estate Nike Uptempo Triple White On Feet
can barely keep up with things, all the deals we are doing, in the pipeline, in the commercial real estate business we really happy right now," Gustafson said.
But while there new development, there are also closings and buildings sitting empty.
10th Street Turnover
While the owners of the Great Plains Restaurant Group tell me they disappointed that the IHOP didn do well, they not giving up on this location. They say they bringing a new concept here, not a chain that will have homemade food, made from scratch. They planning on opening up again in Nike More Uptempo Heat Map
The positives this year include a new Pita Pit restaurant, Nike Air More Uptempo Black White
"The challenges of this area for restaurants is, number one, it not really close to a working population center. So like downtown, or the airport industrial area, where people need to eat quickly. Another challenge is there actually a lot of competition here. You have Applebees, the Fryin Pan and Pizza Ranch, so there are other options for people," Gustafson said.
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