Spaces For Lease

at 1200 E 3rd St

1200 E 3rd St $885/Mo

Floor 2

Size 885 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 leases are Gross plus utilities (electricity, gas, water and garbage). -Located near Eastbank and Riverview Districts of downtown Sioux Falls. -Suite 110 may have access to patio and outdoor seating. -Great visibility with a daily traffic count of over 13,000 vehicles. -Large rear parking lot with additional street parking. -Easy access to East 10th Street and Cliff Avenue

Contact us

Listing Agency: Bender Commercial Show Phone

Listed By: Andi Anderson · License #11675 Show Phone

Source: Moodyscre

Added: Aug 23, 2024 Changed: Sep 12 Last Checked: Oct 4 at 11:43AM

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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

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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 Nail Salon (Bike/Boat/Book/etc) Store Daycare Center Acupuncture Florist

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

447

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

$15.14 /SF/Yr

Avg Asking Price

$7–$27 /SF/Yr

Price Range

3,648 SF

Avg Space Size

This space is priced 21% below the average of $15.14 /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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties What are key features of this property?

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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