Search
Downtown Sioux Falls Lower-Level Space
For Lease
Contact for pricing

101 S Phillips Ave, Sioux Falls, SD 57104

Flexible 3,968 SF space in downtown Sioux Falls.

Space Size3,968 SF
Property Size85,194 SF
Days on Market2917

Property Features for 101 S Phillips Ave

General Information

Standard status Active
Size 3,968 SF
Class A
Property subtype Office
Lease Type Gross

Building Details

Building Size 85,194 SF
Year Built 1982
Tenancy Multiple

Spaces For Lease

at 101 S Phillips Ave Contact us

Basement Space

Size
3,968 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Raquel Blount · License #SD 11811
Source: Crexi
Added: Sep 13, 2018 Changed: Aug 27 Last Checked: Sep 6 at 10:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lloyd Companies

Investment Insights

Based on property information with market context.

Located in The Plaza at 9th Street and Phillips Avenue in downtown Sioux Falls, this 3,968 SF lower-level suite offers a flexible, wide-open layout. The suite includes in-suite restrooms and locker rooms. Tenants have direct access to public parking through a connected breezeway, as well as access to common area loading and storage.

Key Highlights

  • 3,968 SF of flexible lower‑level space.
  • Located in The Plaza at 9th Street and Phillips Avenue in downtown Sioux Falls.
  • Wide‑open layout.

Property Analytics

Current Use

Hard Money Lenders ... Loan Service HDR Engineering Consultant Falls Fintech Bank Wells Fargo Bank Bank King Law Firm, ... Law Firm

Suggested Use

Top Pick Dental Office Skin Care Clinic Carpet & Flooring Store Acupuncture Locksmith Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,639
Businesses Nearby

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$14.91 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
4,891 SF
Avg Space Size

This space is priced 46% below the average of $14.91 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Flexible 3,968 SF space in downtown Sioux Falls.
Where is this office units located?
The property is located at 101 S Phillips Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 3,968 SF of flexible lower‑level space.; Located in The Plaza at 9th Street and Phillips Avenue in downtown Sioux Falls.; Wide‑open layout.
(605) 275-4251 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message