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Sioux Falls Office Building
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Unnamed Road, Sioux Falls, SD

Large office building with high vacancy and parking.

Property Size369,424 SF
Lot Size28.19 Acres
Price / SF$64.77
Days on Market714

Property Features for Unnamed Road

General Information

Standard status Active
Size 369,424 SF
Lot size 28.19 Acres
Property subtype OFFICE
Listing Agency: NAI | Sioux Falls
Listed By: Gregg Brown, SIOR
Source: Moodyscre
Added: Aug 19, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:45AM

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 NAI | Sioux Falls

Investment Insights

Based on property information with market context.

This office building, constructed in 1981, features a tilt-up concrete exterior and a tar and gravel roof. The building has a land-to-building ratio of 1:5. It includes two dock doors, one freight elevator, and one passenger elevator. The finished ceiling height is 9 feet. The first floor has a slab-to-slab height of 12 feet 4 inches, while the second floor measures 14 feet 10 inches from slab to slab. Column spacing is 30 feet. The building is equipped with a wet sprinkler system, an HVAC condenser water system, and heat pumps. It also features a raised flooring system of 16 inches. There are 563 parking spaces available. The property has a vacancy rate of 90%, with 110,725 square feet currently vacant. The building is zoned I-1 and has a total property size of 369,424 square feet.

Key Highlights

  • Large Vacant Space: 110,725 SF of vacant space provides significant flexibility.
  • Ample Parking: 563 parking spaces are available.
  • Includes a freight elevator for efficient material handling.

Property Analytics

Current Use

Office buildings

Location Intelligence

Trade Area within ½ mile

1,141
Businesses Nearby

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Large office building with high vacancy and parking.
Where is this office building located?
The property is located at Unnamed Road Sioux Falls, SD.
What is the asking price?
The asking price for this property is $23,926,854.
What are key features of this property?
This property features: Large Vacant Space: 110,725 SF of vacant space provides significant flexibility.; Ample Parking: 563 parking spaces are available.; Includes a freight elevator for efficient material handling.
(605) 306-2519 Call to check price and availability
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