East Bank Office/Retail
For Lease
Contact for pricing
121 S Franklin Ave, Sioux Falls, SD 57103
Reclaimed office/retail space in Sioux Falls' East Bank sector.
Space Size2,415 SF - 2,432 SF
Property Size9,550 SF
Days on Market1456
Property Features for 121 S Franklin Ave
General Information
Standard status
Active
Size
2,415 SF - 2,432 SF
Property subtype
Office, Retail
Lease Type
NNN
Building Details
Building Size
9,550 SF
Year Built
1990
Tenancy
Multiple
Spaces For Lease
at 121 S Franklin Ave Contact us- Size
- 2,432 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 2
- Size
- 2,415 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 3
Listing Agency:
Bender Commercial
(605) 336-7600
Listed By:
Isaac Jorgensen · License #SD 20285
Source:
Crexi
Added: Aug 29, 2022
Changed: Aug 19
Last Checked: Aug 22 at 4:08PM
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.
This newly reclaimed office space is situated in the East Bank sector, near downtown Sioux Falls. The property offers on-site parking at a ratio of 1:308. Building signage is available. The location benefits from high visibility, with a daily traffic count of 10,900 vehicles.
Key Highlights
- Newly reclaimed office space in the East Bank sector near downtown Sioux Falls.
- On‑site parking with a 1:308 ratio.
- Building signage available.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,970
Businesses Nearby
Explore this area
Business Placement
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
4,688 SF
Avg Space Size
This space is priced 42% above the average of $14.81 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Reclaimed office/retail space in Sioux Falls' East Bank sector.
Where is this office units located?
The property is located at 121 S Franklin Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Newly reclaimed office space in the East Bank sector near downtown Sioux Falls.; On‑site parking with a 1:308 ratio.; Building signage available.
