Northern Tool Equipment Corporate Guarantee W 10… — Sale in Sioux Falls, SD
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Sioux Falls, SD 57106
Investment Figures
- Cap rate
- 7.15%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Northern Tool + Equipment is an industry leader, offering a wide selection of products, from consumer goods to industrial and construction equipment. With over 120 store locations across more than 20 states, Northern Tool has a strong retail presence in the U.S. Northern Tool reaches an even wider audience through year-round catalog offerings, a website packed with over 100,000 tools, curbside store pickup, and nationwide delivery. Sioux Falls is the most populous city in the state of South Dakota and is the county seat of Minnehaha County. The city’s population sits at approximately 225,000 people. In 2025, the city’s population grew by 2.3 percent, which aligns with the city’s long-term growth rate. Investment Highlights: • Eight-Plus Years Remaining on Lease with Corporate Guaranty by Northern Tool + Equipment • 10 Percent Rental Increases Every Five Years with Multiple Renewal Options • Dense Sioux Falls Trade Area with 163,658 Residents within a Five-Mile Radius • Sioux Falls is the Most Populous City in the State of South Dakota • Households and Population Projected to Increase 7 Percent-Plus in the Immediate Area by 2030 • Excellent Access and Visibility from Interstate 29 (±66,000 Cars per Day), a Major Connector for the Sioux Falls MSA • Highly Accessible Location via West 12th Street / Interstate 29B (±45,500 Cars per Day) • Central Location with Immediate Proximity to Great Plains Zoo, W.H. Lyon Fairgrounds, The Country Club of Sioux Falls, Minnehaha Country Club, and Downtown Sioux Falls
Market Context
This retail in Sioux Falls, SD is listed for sale. It is offered at an approximate 7.2% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Sioux Falls, SD — view the full market.
Contact
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Jon Ruzicka · (952) 852-9700
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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