Heated Flex Space with New Garage
For Lease
Contact for pricing
121 S Franklin Ave, Sioux Falls, SD 57103
Flex space building will be insulated and heated with a new garage door and ample onsite parking.
Property Size2,496 SF
Days on Market708
Property Features for 121 S Franklin Ave
General Information
Standard status
Active
Size
2,496 SF
Property subtype
INDUSTRIAL
Lease Type
SF/yr
Additional Details
Space Use
Flex
Listing Agency:
Bender Commercial
(605) 799-5058
Listed By:
Reggie Kuipers · License #20285
(605) 496-2966
Source:
Moodyscre
Added: Aug 23, 2024
Changed: Jul 30
Last Checked: Jul 30 at 9:03AM
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.
Heated flex space at 121 S Franklin Ave in Sioux Falls designed for flexible business use. The building will be insulated and heated, and it will include a new garage door. Ample onsite parking is available for customers, employees, and deliveries.
The location is in the East Bank sector near downtown Sioux Falls, providing easy access to East 10th Street and the Downtown area, as well as the Riverline District and East Bank.
With its insulated, heated workspace and updated garage door, this flex space is positioned for tenants who want practical access and straightforward on-site parking for day-to-day operations.
The location is in the East Bank sector near downtown Sioux Falls, providing easy access to East 10th Street and the Downtown area, as well as the Riverline District and East Bank.
With its insulated, heated workspace and updated garage door, this flex space is positioned for tenants who want practical access and straightforward on-site parking for day-to-day operations.
Key Highlights
- 2,496 SF flex space building at 121 S Franklin Ave
- Insulated and heated building improvements
- New garage door to be installed
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.28 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,970
Businesses Nearby
Balanced
Demand for This Use
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
$90.21 /SF/Yr
Avg Asking Price
$7–$201 /SF/Yr
Price Range
3,354 SF
Avg Space Size
This space is priced 91% below the average of $90.21 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- Myers' Elite Catering — 221 S Phillips Ave, Sioux Falls, SD 57104
- CBM Correctional Food Services — 500 N Minnesota Ave, Sioux Falls, SD 57104
- En Place Catering — 818 E 8th St Ste 3, Sioux Falls, SD 57103
- Vespa Catering — 322 E 8th St, Sioux Falls, SD 57103
Frequently Asked Questions
What type of property is this?
Flex space - Flex space building will be insulated and heated with a new garage door and ample onsite parking.
Where is this flex space located?
The property is located at 121 S Franklin Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: 2,496 SF flex space building at 121 S Franklin Ave; Insulated and heated building improvements; New garage door to be installed
