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For Sale
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Property summary
This stunning 216,618-square-foot Class A executive office campus in Dakota Dunes, South Dakota, presents a unique investment opportunity. Originally the world headquarters for a Global 500 company, this three-story, multi-tenant building sits on 47 acres, including 9.73 acres of excess land ideal for expansion. The property boasts prairie-style architecture, blending seamlessly with its natural surroundings, including a scenic pond and proximity to the Two Rivers Golf Club. The meticulously maintained campus features two connected buildings with a three-story breezeway, offering a flexible layout conducive to leasing to third parties. Currently, 19% occupied by two tenants, Vizio and Connection, the building offers significant upside potential. Amenities include a full-service cafeteria with a 250-seat dining room and private dining areas, a large multi-purpose room, a private C-suite balcony overlooking the pond and golf course, an underground parking garage with 12 private spaces, and a research and development auditorium. Extensive outdoor amenities include a pond overlook, walking paths, and a courtyard with sculptures. The building features 9'6" ceiling heights, a metal roof with a 45 EPDM membrane and concrete tile shingles, radiant hot water heating, a fully sprinklered system, and advanced security features including key card access and cameras. The property benefits from the attractive tax environment of South Dakota, with no personal or corporate income tax. The asking price is $17,500,000. 950 parking spaces are available. The APN is 23.TR.04.1001. Built in 1997, this property offers a compelling combination of prestige, functionality, and growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Business Administration Service
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Corporate Office
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Postal Service Courier Service
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Food Processing Plant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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