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Warehouse with Built-In Power Backup
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500 E 56th St, Sioux Falls, SD 57104

Industrial warehouse offers open office layout, dock and roll-up doors, and full-building UPS and generator power systems.

Property Size122,293 SF
Price / SF$77.88
Days on Market707

Property Features for 500 E 56th St

General Information

Standard status Active
Size 122,293 SF
Total Parking Spaces 644
Property subtype OFFICE
Occupancy 100%

Warehouse & Industrial

Clear Height 9 ft
Dock-High Doors 2
Sprinkler System Yes

Amenities

Elevators
UPS
Generator
CRAC Units

Building Details

Construction Tilt Up Concrete
Listing Agency: NAI | Sioux Falls
Listed By: Gregg Brown, SIOR
Source: Moodyscre
Added: Aug 26, 2024 Changed: Jul 26 Last Checked: Jul 26 at 1:35PM

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 NAI | Sioux Falls

Investment Insights

Based on property information with market context.

This warehouse property is currently set up with an open plan/call center/office layout. The building features a tilt-up concrete exterior with slab-on-grade construction, wet sprinkler coverage, and a tar & gravel roof. Interior clearances include 9’ finished ceiling height, with slab-to-slab dimensions of 12’9” on the first floor and 14’10” on the second floor. The structure is supported by 30’ column spacing and includes a 16” raised floor system.

Operational and power systems are extensively supported. The facility includes 2 dock doors and 2 roll-up doors, plus elevators (one freight and one passenger). HVAC consists of a condenser water system and heat pumps, with critical systems supported by a UPS (500 KVA, Powerware 9315) covering critical systems. A generator sized at 1,375 KVA (Caterpillar 3512) is included, with UST fuel storage totaling 10,000 gallons in a cement vault and a stated full-load duration of 3.5 days. Electric capacity is listed at 2 megawatts.

The property is offered for sale with 0% vacancy and 0 SF vacant. Parking totals 644 spaces, and the building has both CER cooling via CRAC units/Liebert.

Key Highlights

  • Open Plan/Call Center/Office layout with proposed uses including Data Center, Industrial, or Self Storage
  • 2MW electric capacity with full‑building UPS (500 KVA, Powerware 9315) and CRAC/Liebert CER cooling
  • Generator system rated 1,375 KVA (Caterpillar 3512) with UST fuel tank capacity of 10,000 gallons for full‑load operation of 3.5 days

Property Analytics

Current Use

Avera Specialty Pharmacy Pharmacy Old Orchard Cafe Take-out & Catering Palm Place High School Daktronics, Building 2 Corporate Office

Suggested Use

Top Pick Hair Salon Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Nail Salon

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

9 ft
Clear height
2
Dock-high doors
100%
Occupancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Industrial warehouse offers open office layout, dock and roll-up doors, and full-building UPS and generator power systems.
Where is this office units located?
The property is located at 500 E 56th St Sioux Falls, SD.
What is the asking price?
The asking price for this property is $9,524,711.
What are key features of this property?
This property features: Open Plan/Call Center/Office layout with proposed uses including Data Center, Industrial, or Self Storage; 2MW electric capacity with full‑building UPS (500 KVA, Powerware 9315) and CRAC/Liebert CER cooling; Generator system rated 1,375 KVA (Caterpillar 3512) with UST fuel tank capacity of 10,000 gallons for full‑load operation of 3.5 days
(605) 306-2519 Call to check price and availability
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