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Former Bank Office Suite

1800 W 12th St, Sioux Falls, SD 57104

For Lease
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Former bank office offering private offices and potential subdivision into two suites, with 71-space parking.

Space Size11,285 SF
Days on Market285

Property Features for 1800 W 12th St

General Information

Standard status Active
Size 11,285 SF
Total Parking Spaces 71
Property subtype OFFICE
Lease Type NNN

Additional Details

Traffic Count 30,900 vehicles/day

Spaces For Lease

at 1800 W 12th St
1800 W 12th St $9.75/SF/Yr
Floor Bldg
Size 11,285 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Former bank office with private offices. - Large monument signage. - Perfect for professional or non-profit office user. - Space could be subdivided to two suites. - Parking area has 71 spaces for a ratio 1:159. - Located on highly-visible intersection of 12 Street and Western Avenue with combined traffic count of 30,900 vehicles per day. - Neighboring businesses include Fryin’ Pan Family Restaurant, Advanced Moving, Taco John’s, Enterprise Rent-a-Car, Scooter’s Coffee, Signarama and Select Painting.
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Listing Agency: Bender Commercial
Listed By: Reggie Kuipers · License SD #13791
Source: Moodyscre
Added: Jan 30 Changed: Nov 8 Last Checked: Nov 10 at 7:07AM

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

Rey
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Investment Insights

Based on property information with market context.

This former bank office features private offices and is well suited for professional or non-profit office use. The space includes the option to be subdivided to create two separate suites, supporting flexible occupancy needs. Monument signage is also available to help identify the building from the street, and the property has a dedicated parking area totaling 71 spaces.

The building is located on a highly visible intersection at W 12th St and Western Avenue. The combined traffic count is listed at 30,900 vehicles per day. Neighboring businesses include Fryin’ Pan Family Restaurant, Advanced Moving, Taco John’s, Enterprise Rent-a-Car, Scooter’s Coffee, Signarama, and Select Painting.

Key Highlights

  • Former bank office with private offices, offering flexible workspace for professional or non‑profit use.
  • Potential to subdivide the space into two suites.
  • Large monument signage for prominent street presence.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

U.S. Bank Branch Bank Call to Freedom Charitable Organization US Bank Mortgage Loan Service U.S. Bank ATM Atm

Suggested Use

Top Pick Dental Office Skin Care Clinic Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Carpet & Flooring 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

30,900 VPD
Traffic count
NNN (Triple Net)
Lease Type
$1.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

586
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sioux Falls, SD

$15.36 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
3,529 SF
Avg Space Size

This space is priced 37% below the average of $15.36 /SF/Yr.

Properties on Market for Office Units in Sioux Falls

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Former bank office offering private offices and potential subdivision into two suites, with 71-space parking.
Where is this office unit located?
The property is located at 1800 W 12th St Sioux Falls, SD.
What is the lease rate?
The lease rate is $9.75 SF/Yr.
What are key features of this property?
This property features: Former bank office with private offices, offering flexible workspace for professional or non‑profit use.; Potential to subdivide the space into two suites.; Large monument signage for prominent street presence.
(605) 496-2966 Call to check price and availability
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