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West Valley Office Space Available
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1500 W 51st St, Sioux Falls, SD 57105

Office space for rent with easy access to major routes.

Space Size1,841 SF - 4,398 SF
Property Size15,794 SF
Days on Market1350

Property Features for 1500 W 51st St

General Information

Standard status Active
Size 1,841 SF - 4,398 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 15,794 SF
Year Built 2000
Tenancy Multiple

Spaces For Lease

at 1500 W 51st St Contact us

Suite 102

Size
4,398 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 106

Size
3,318 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Space 109

Size
1,841 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Bender Commercial
Listed By: Bobbie Tibbetts · License #SD 20333
Source: Crexi
Added: Nov 30, 2022 Changed: Aug 8 Last Checked: Aug 10 at 11:53AM

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.

Office space is available for rent in the West Valley Office Building. The property features common area restrooms. Parking is available at a ratio of 1 space per 240 square feet. Monument and interior signage opportunities are available. The location provides convenient access to 41st Street, Minnesota Avenue, Western Avenue, and I-229.

Key Highlights

  • Easy access to 41st Street, Minnesota Avenue, Western Avenue and I‑229.
  • Parking ratio of 1 space per 240 square feet.
  • Monument and interior signage available.

Property Analytics

Current Use

Mc Grath Michael ... Physician Neuropsychology Consultants Physician Honeywell HVAC Service Horizon Enterprises Inc Home Appliance Store Elite Solutions Big Box & Wholesale Store

Suggested Use

Top Pick Garden Center HVAC Service Food Market Grocery & Convenience Store Electrical Service Auto Parts Store

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

NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,098
Businesses Nearby

Demographics for 57105, SD

22,635
Population
10,550
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
3,018
Density / Sq Mi
$74,066
Median Household Income
$43,271
Median Earnings
$956
Median Rent
$247,900
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$14.81 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
4,828 SF
Avg Space Size

This space is priced 16% below the average of $14.81 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for rent with easy access to major routes.
Where is this office units located?
The property is located at 1500 W 51st St Sioux Falls, SD.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Easy access to 41st Street, Minnesota Avenue, Western Avenue and I‑229.; Parking ratio of 1 space per 240 square feet.; Monument and interior signage available.
(605) 336-7600 Call to check price and availability
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