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Corner Retail and Office Suites
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1200 E 3rd St, Sioux Falls, SD 57103

Various sized office and retail suites available with gross leases plus utilities and on-site parking.

Property Size885 SF
Days on Market710

Property Features for 1200 E 3rd St

General Information

Standard status Active
Size 885 SF
Property subtype OFFICE
Lease Type SF/mo

Site & Location

Traffic Count 13,000 vehicles/day
Road Access Yes

Amenities

patio
outdoor seating
Listing Agency: Bender Commercial
Listed By: Andi Anderson · License #11675
Source: Moodyscre
Added: Aug 23, 2024 Changed: Jul 25 Last Checked: Aug 2 at 1:03PM

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 corner setting at 3rd Street and Cliff Avenue. Suites are offered on a gross basis plus utilities, including electricity, gas, water, and garbage.

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

Key Highlights

  • Various sized office/retail suites available on the corner of 3rd Street and Cliff Avenue
  • Gross leases plus utilities: electricity, gas, water, and garbage
  • Daily traffic count over 13,000 vehicles for visibility

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

13,000 VPD
Traffic count
Yes
Paved road access
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

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

This space is priced 20% below 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 - Various sized office and retail suites available with gross leases plus utilities and on-site parking.
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 $885 /Mo.
What are key features of this property?
This property features: Various sized office/retail suites available on the corner of 3rd Street and Cliff Avenue; Gross leases plus utilities: electricity, gas, water, and garbage; Daily traffic count over 13,000 vehicles for visibility
(605) 782-1660 Call to check price and availability
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