Building Details

Year Built 2024

Listing Agency: NAI | Sioux Falls m***@naisiouxfalls.com Show Phone

Listed By: Marcus Mahlen, CCIM, SIOR Show Phone

Source: Naiglobal

Added: Apr 3 Changed: Jul 10 Last Checked: Aug 2 at 6:39AM

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Investment Insights

Based on property information with market context.

This property offers a 4,000-square-foot shop space suitable for commercial or industrial use. The shop features a 16-foot side wall height and is equipped with two 14-foot overhead doors. It includes 3-phase power and a Reznor heater. Additionally, there is an office space with both heating and air conditioning. The property is available for immediate occupancy.

Key Highlights

• 4,000 SF Shop Space available immediately
• 16' Side Wall Height
• Two 14' Overhead Doors

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Barber Shop Pet Grooming Service Real Estate Agency Garden Center

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

$1.43 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

72

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 57064, SD

6,908

Population

2,652

Households

2.6

Avg Household Size

31

Median Age

39%

College-Educated

98%

High-School Grad

25.6 sq mi

ZIP Area

270

Density / Sq Mi

$104,351

Median Household Income

$54,400

Median Earnings

$1,132

Median Rent

$330,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - 4,000 SF shop space available for immediate occupancy.

Where is this flex space located?

The property is located at 2000 East Manville Street Tea, SD.

What is the lease rate?

The lease rate is $9.50 SF/Yr.

What are key features of this property?

This property features: 4,000 SF Shop Space available immediately; 16' Side Wall Height; Two 14' Overhead Doors