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1200 E 3rd St, Sioux Falls, SD 57103

Flexible office and retail spaces offer gross leases plus utilities near downtown districts.

Space Size825 SF
Days on Market720

Property Features for 1200 E 3rd St

General Information

Standard status Active
Size 825 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Corner Location Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Space Use Office

Spaces For Lease

at 1200 E 3rd St Contact us

1200 E 3rd St $825/Mo

Floor
1
Size
825 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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Listing Agency: Bender Commercial
Listed By: Andi Anderson · License #11675
Source: Moodyscre
Added: Aug 23, 2024 Changed: Aug 8 Last Checked: Aug 11 at 1:58PM

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.

Various-sized office and retail spaces are available in a commercial property at the corner of 3rd Street and Cliff Avenue. Suite 110 may have access to patio and outdoor seating. Lease terms are structured as gross plus utilities, with tenants responsible for electricity, gas, water, and garbage.

The property is near Sioux Falls’ Eastbank and Riverview Districts of downtown Sioux Falls, with access to East 10th Street and Cliff Avenue. Daily traffic exceeds 13,000 vehicles, and the property includes a large rear parking lot plus additional street parking.

Key Highlights

  • Various‑sized office and retail spaces available
  • Gross leases plus electricity, gas, water and garbage
  • Suite 110 may have access to patio and outdoor seating

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Flexible office and retail spaces offer gross leases plus utilities near downtown districts.
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 $825/Mo.
What are key features of this property?
This property features: Various‑sized office and retail spaces available; Gross leases plus electricity, gas, water and garbage; Suite 110 may have access to patio and outdoor seating
(605) 782-1660 Call to check price and availability
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