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Retail-Office Corner Suite
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1216 E 57th St, Sioux Falls, SD 57108

Corner retail/office suite in Oak Ridge Plaza with an open layout, in-suite restrooms, and on-site signage.

Property Size1,383 SF
Days on Market705

Property Features for 1216 E 57th St

General Information

Standard status Active
Size 1,383 SF
Property subtype OFFICE

Additional Details

Traffic Count 30,200 vehicles/day
Listing Agency: Bender Commercial
Listed By: Reggie Kuipers · License #13791
Source: Moodyscre
Added: Aug 26, 2024 Changed: Jul 20 Last Checked: Jul 20 at 5:40PM

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.

This retail/office space is located in Oak Ridge Plaza and offers an open floorplan with in-suite restrooms. The building features both building signage and monument signage, supporting tenant identification from the street.

The suite is positioned on a corner at 57th Street and Cliff Avenue at a signalized intersection with a combined daily traffic count of 30,200 vehicles per day. Parking is provided at a ratio of 1:265.

Neighboring businesses in the center include Get N Go, Taco Johns, Papa Murphy’s, Juice Stop, Breadsmith, Hy-Vee, First Interstate Bank, Walgreens, Burger King, Domino’s Pizza, and Dacotah Bank. Tenant improvements are negotiable.

Key Highlights

  • Retail/office space in Oak Ridge Plaza on the corner of 57th and Cliff Avenue
  • Open floorplan with in‑suite restrooms
  • Building and monument signage included

Property Analytics

Current Use

9Round East Gym Gym & Fitness Center

Suggested Use

Top Pick Hair Salon Restaurant Building Supply Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store

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

30,200 VPD
Traffic count
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby

Demographics for 57108, SD

31,953
Population
13,933
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
30.4 sq mi
ZIP Area
1,051
Density / Sq Mi
$96,184
Median Household Income
$51,749
Median Earnings
$1,292
Median Rent
$401,300
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$14.94 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
5,422 SF
Avg Space Size

This space is priced 20% above the average of $14.94 /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 - Corner retail/office suite in Oak Ridge Plaza with an open layout, in-suite restrooms, and on-site signage.
Where is this office units located?
The property is located at 1216 E 57th St Sioux Falls, SD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Retail/office space in Oak Ridge Plaza on the corner of 57th and Cliff Avenue; Open floorplan with in‑suite restrooms; Building and monument signage included
(605) 496-2966 Call to check price and availability
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