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    345 N Reid Pl Sioux Falls, SD

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    For Lease
    $25 SF/Yr ($18,491 /Mo)

    First floor retail/office space with river and downtown views.

    Property size:
    8,876 SF
    Lot size:
    6.72 Acres

    Property Features for 345 N Reid Pl

    General Information

    Size
    8,876 SF
    Lot size
    6.72 Acres

    Source: Bender Commercial Agent Dustin Haber

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail/Office Space Available

    This property offers up to 22,370 square feet of first-floor space suitable for restaurant, personal services, or boutique shops. Located in a 10-story office and retail building with luxury condos on the 9th and 10th floors, the space provides views of the Big Sioux River, the Arc of Dreams, and downtown Sioux Falls. The location provides access to a bike trail. Onsite and underground parking are available. There is a below-grade pedestrian connection to Building III. Building tenants will include Bancorp, Eide Bailly, MarketBeat and ISG, Inc.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7744956
    Latitude
    43.5147831

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    FAQs

    What type of property is this?
    Office space - First floor retail/office space with river and downtown views.
    Where is this office space located?
    The property is located at 345 N Reid Pl Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in a 10-story office and retail building with luxury condos.; - Up to 22,370 SF of first-floor space suitable for restaurant, personal services, or boutique shops.; - Onsite and underground parking available.
    (605) 376-5890
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    345 N Reid Pl Sioux Falls, SD
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