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Corner Office Suites with High Visibility
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1200 E 3rd St, Sioux Falls, SD 57103

Various office and retail spaces with gross leases plus utilities, rear parking, and daily traffic over 13,000 vehicles.

Space Size835 SF
Days on Market274

Property Features for 1200 E 3rd St

General Information

Standard status Active
Size 835 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

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

Additional Details

Space Use Office

Amenities

patio
outdoor seating

Spaces For Lease

at 1200 E 3rd St
1200 E 3rd St $835/Mo
Floor 1
Size 835 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 leases are Gross plus utilities (electricity, gas, water and garbage). -Located near Eastbank and Riverview Districts of downtown Sioux Falls. -Suite 110 may have access to patio and outdoor seating. -Great visibility with a daily traffic count of over 13,000 vehicles. -Large rear parking lot with additional street parking. -Easy access to East 10th Street and Cliff Avenue
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Listing Agency: Bender Commercial
Listed By: Andi Anderson · License #11675
Source: Moodyscre
Added: Jan 30 Changed: Oct 26 Last Checked: Oct 30 at 5:44PM

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

Rey
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Investment Insights

Based on property information with market context.

Various sized office and retail spaces are available in a corner location at 3rd Street and Cliff Avenue. The available suites support flexible occupancy, with all leases structured as gross plus utilities including electricity, gas, water and garbage.

The property is near the Eastbank and Riverview Districts of downtown Sioux Falls. Suite 110 may include access to a patio and outdoor seating. Visibility is supported by a daily traffic count of over 13,000 vehicles, and the building offers a large rear parking lot along with additional street parking. Easy access is available to East 10th Street and Cliff Avenue.

Spaces total 835 square feet, with configuration determined by the specific suite.

Key Highlights

  • Various sized office and retail spaces available
  • All leases are gross plus utilities: electricity, gas, water and garbage
  • Suite 110 may have access to a patio and outdoor seating

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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 Nail Salon (Bike/Boat/Book/etc) Store Daycare Center Acupuncture Florist

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

447
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sioux Falls, SD

$15.13 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
3,600 SF
Avg Space Size

This space is priced 21% below the average of $15.13 /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

Frequently Asked Questions

What type of property is this?
Office unit - Various office and retail spaces with gross leases plus utilities, rear parking, and daily traffic over 13,000 vehicles.
Where is this office unit located?
The property is located at 1200 E 3rd St Sioux Falls, SD.
What is the lease rate?
The lease rate is $835/Mo.
What are key features of this property?
This property features: Various sized office and retail spaces available; All leases are gross plus utilities: electricity, gas, water and garbage; Suite 110 may have access to a patio and outdoor seating
(605) 782-1660 · Office Call to check price and availability
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