Ground-Level Retail Office
For Lease
Contact for pricing
205 E 12th St, Sioux Falls, SD 57104
Ground-level commercial and office suites delivered in shell condition with flexible build-out for office, service, or retail.
Property Size1,229 SF
Days on Market152
Property Features for 205 E 12th St
General Information
Standard status
Active
Size
1,229 SF
Class
A
Property subtype
OFFICE
Lease Type
SF/yr
Additional Details
Multifamily Units
175
Listing Agency:
Lloyd Companies - Corporate
(605) 728-9092
Listed By:
Raquel Blount, SIOR
Source:
Moodyscre
Added: Mar 2
Changed: Jul 25
Last Checked: Jul 31 at 3:25AM
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 - Corporate
Investment Insights
Based on property information with market context.
This highly-visible ground-level commercial and office space is offered as individual suites delivered in shell condition, allowing tenants to customize layout and finish-out. A generous tenant improvement allowance is available to support flexible build-out options for office, service, or retail concepts.
The space is part of a brand-new Class A mixed-use development in Downtown Sioux Falls, anchored by 175 modern residential units above. The building is located one block off Phillips Avenue within a pedestrian-friendly corridor, with direct access to Phillips Avenue through the 12th Street Plaza.
On-site enclosed parking is available, with additional metered street parking and city-owned public parking ramps in the surrounding area. The property is professionally managed by Lloyd Commercial Property Management, supporting day-to-day operations for commercial tenants.
The space is part of a brand-new Class A mixed-use development in Downtown Sioux Falls, anchored by 175 modern residential units above. The building is located one block off Phillips Avenue within a pedestrian-friendly corridor, with direct access to Phillips Avenue through the 12th Street Plaza.
On-site enclosed parking is available, with additional metered street parking and city-owned public parking ramps in the surrounding area. The property is professionally managed by Lloyd Commercial Property Management, supporting day-to-day operations for commercial tenants.
Key Highlights
- Ground‑level commercial and office suites delivered in shell condition
- Flexible build‑out options for office, service, or retail concepts
- High‑visibility location one block off Phillips Avenue with direct access via 12th Street Plaza
Property Analytics
Current Use
Lease Details
175
Residential units
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
586
Businesses Nearby
Explore this area
Business Placement
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
$14.94 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
5,422 SF
Avg Space Size
This space is priced 67% above the average of $14.94 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Ground-level commercial and office suites delivered in shell condition with flexible build-out for office, service, or retail.
Where is this office units located?
The property is located at 205 E 12th St 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: Ground‑level commercial and office suites delivered in shell condition; Flexible build‑out options for office, service, or retail concepts; High‑visibility location one block off Phillips Avenue with direct access via 12th Street Plaza
