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Fully Occupied Sioux Falls Office
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3904 W Technology Cir, Sioux Falls, SD 57106

19,071 SF office building with long-term tenants.

Property Size19,071 SF
Lot Size2.10 Acres
Days on Market122

Property Features for 3904 W Technology Cir

General Information

Standard status Active
Size 19,071 SF
Lot size 2.10 Acres
Property subtype Office
Listing Agency: Marcus & Millichap - Denver
Listed By: Barry Higgins · License #EA 748415
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:50AM

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 Marcus & Millichap - Denver

Investment Insights

Based on property information with market context.

The Tech II Office Building, constructed in 1995, is a 19,071 rentable square foot office building situated on 2.1 acres. Located in Sioux Falls, South Dakota, the property is fully occupied and contains six separate suites. All suites have been upgraded in the past five years with new carpets and paint, with approximately $100,000 invested. The parking lot has been resurfaced and restriped. The tenant mix includes government, financial, and non-profit organizations. The largest tenant, the Social Security Administration, has recently renewed their lease for 15 years. The government has recently funded a tenant improvement project of approximately $500,000 for Social Security’s space. The current average rent is $16.05 per foot (full service).

Key Highlights

  • Long‑term lease with credit tenant (Social Security Administration) recently renewed for 15 years
  • Significant tenant improvements ($500,000) recently completed in Social Security Administration's space
  • Fully occupied office building with six separate suites

Property Analytics

Current Use

UnisLink Medical Billing Service Reformed Pilates Gym & Fitness Center Beauty Craft (Bike/Boat/Book/etc) Store Pro Tree Service Landscaping Strum Insurance Financial Advisor

Suggested Use

Top Pick Building Supply Storage Facility HVAC Service Auto Parts Store Auto Repair Shop Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,561
Businesses Nearby

Demographics for 57106, SD

47,877
Population
21,722
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
93%
High-School Grad
30.3 sq mi
ZIP Area
1,580
Density / Sq Mi
$77,070
Median Household Income
$47,554
Median Earnings
$996
Median Rent
$268,800
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - 19,071 SF office building with long-term tenants.
Where is this office building located?
The property is located at 3904 W Technology Cir Sioux Falls, SD.
What are key features of this property?
This property features: Long‑term lease with credit tenant (Social Security Administration) recently renewed for 15 years; Significant tenant improvements ($500,000) recently completed in Social Security Administration's space; Fully occupied office building with six separate suites
More about this property
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