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Office Space in Steel District
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150 E 4th Pl, Sioux Falls, SD 57104

Class A office space in downtown Sioux Falls.

Space Size6,650 SF - 7,207 SF
Property Size20,505 SF
Days on Market2257

Property Features for 150 E 4th Pl

General Information

Standard status Active
Size 6,650 SF - 7,207 SF
Class A
Total Parking Spaces 930
Property subtype Office, Restaurant
Lease Type NNN

Building Details

Building Size 20,505 SF
Year Built 2023
Tenancy Multiple

Spaces For Lease

at 150 E 4th Pl Contact us

Suite 302

Size
7,207 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 401

Size
6,650 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Lloyd Companies
Listed By: Raquel Blount · License #SD 11811
Source: Crexi
Added: Jul 3, 2020 Changed: Sep 2 Last Checked: Sep 4 at 9:47PM

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 Lloyd Companies

Investment Insights

Based on property information with market context.

Located in the Steel District along the Big Sioux River at the entrance to Falls Park, this property offers office users access to downtown Sioux Falls' amenities. The location provides an environment that integrates Class A office space, luxury condos, a boutique hotel, curated retail, and destination restaurants. Riverfront trails, art installations, patios, and event lawns offer opportunities for relaxation and informal gatherings. This downtown location is designed for companies seeking to enhance their teams' work environment and connections.

Key Highlights

  • Class A office space in a vibrant downtown location.
  • Riverfront location adjacent to Falls Park.
  • Experience‑driven environment with luxury condos, boutique hotel, retail, and restaurants.

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

247
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

Lease Benchmarks for Sioux Falls, SD

$14.91 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
4,891 SF
Avg Space Size

This space is priced 68% above the average of $14.91 /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
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Frequently Asked Questions

What type of property is this?
Office units - Class A office space in downtown Sioux Falls.
Where is this office units located?
The property is located at 150 E 4th Pl Sioux Falls, SD.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Class A office space in a vibrant downtown location.; Riverfront location adjacent to Falls Park.; Experience‑driven environment with luxury condos, boutique hotel, retail, and restaurants.
(605) 275-4251 Call to check price and availability
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