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Corner Office and Retail Suites
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1200 E 3rd St, Sioux Falls, SD 57103

Various office and retail spaces are available on a downtown Sioux Falls corner with large rear parking.

Space Size845 SF
Days on Market720

Property Features for 1200 E 3rd St

General Information

Standard status Active
Size 845 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Corner Location Yes
Traffic Count 13,000 vehicles/day
Road Access Yes
Utilities to Site Yes

Additional Details

Space Use Office/Retail

Spaces For Lease

at 1200 E 3rd St Contact us

1200 E 3rd St $845/Mo

Floor
1
Size
845 SF
Type
OFFICE
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
-Various sized office/retail spaces available on the corner of 3rd Street and Cliff Avenue. -All...
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Contact us
Listing Agency: Bender Commercial
Listed By: Andi Anderson · License #11675
Source: Moodyscre
Added: Aug 23, 2024 Changed: Aug 8 Last Checked: Aug 11 at 2:40PM

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 Bender Commercial

Investment Insights

Based on property information with market context.

Multiple office and retail suites are available in a corner location at the intersection of 3rd Street and Cliff Avenue. Spaces are offered in various sizes, with leases structured as Gross plus utilities, including electricity, gas, water, and garbage.

The property sits near the Eastbank and Riverview Districts of downtown Sioux Falls. Visibility is supported by daily traffic count over 13,000 vehicles, and the building provides a large rear parking lot along with additional street parking. Access is described as easy via East 10th Street and Cliff Avenue.

Suite 110 may include access to a patio and outdoor seating, which can support tenant use where outdoor space is valuable.

Key Highlights

  • Various office/retail suites available on the corner of 3rd Street and Cliff Avenue in downtown Sioux Falls
  • Gross leases plus utilities (electricity, gas, water, and garbage)
  • Daily traffic count of over 13,000 vehicles for the property location

Property Analytics

Current Use

U.N.A RECORD Film Production IRC Studios Media Distribution Mama Africa Fashion ... Grocery & Convenience Store Eli Home Care ... Home Health Care Service

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Daycare Center Acupuncture Florist Skin Care Clinic

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

13,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,074
Businesses Nearby

Demographics for 57103, SD

36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$14.81 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
4,828 SF
Avg Space Size

This space is priced 19% below the average of $14.81 /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
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Frequently Asked Questions

What type of property is this?
Office units - Various office and retail spaces are available on a downtown Sioux Falls corner with large rear parking.
Where is this office units located?
The property is located at 1200 E 3rd St Sioux Falls, SD.
What is the lease rate?
The lease rate is $845/Mo.
What are key features of this property?
This property features: Various office/retail suites available on the corner of 3rd Street and Cliff Avenue in downtown Sioux Falls; Gross leases plus utilities (electricity, gas, water, and garbage); Daily traffic count of over 13,000 vehicles for the property location
(605) 782-1660 Call to check price and availability
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