Cherapa Place Office Space
For Lease
$23.50 SF/Yr
300 N Cherapa Place, Sioux Falls, SD 57103
Attractive office space in amenity-rich Cherapa Place complex.
Space Size9,837 SF
Days on Market221
Property Features for 300 N Cherapa Place
General Information
Standard status
Active
Size
9,837 SF
Class
A
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
9,837 SF
Year Built
2007
Spaces For Lease
at 300 N Cherapa Place
Cherapa Place I (Sublease)
$23.50/SF/Yr
Size
9,837 SF
Type
Office Building
Term
Negotiable
Listed By:
Gregg Brown, MBA, SIOR
(605) 906-0394
Source:
Naiglobal
Added: Feb 26
Changed: Oct 1
Last Checked: Oct 4 at 7:46AM
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 Gregg Brown, MBA, SIOR
Investment Insights
Based on property information with market context.
Available immediately, this attractive office space is located in the amenity-rich Cherapa Place office complex. The lease term extends through October 31, 2027. Systems and office furniture are available for use. The property offers a view of the Big Sioux River and the Arc of Dreams. Cherapa Place features a conference center, deck, garage parking, showers and lockers, a river walk and bike path, restaurants, a fitness center, and a grocery store.
Key Highlights
- Available immediately in amenity‑rich Cherapa Place office complex
- Lease term thru 10/31/2027
- Enjoy the view of the Big Sioux River and Arc of Dreams
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.53 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,398
Businesses Nearby
Explore this area
Business Placement
Demographics for 57103, SD
36,069
Population
15,326
Households
2.4
Avg Household Size
37
Median Age
33%
College-Educated
91%
High-School Grad
9.5 sq mi
ZIP Area
3,797
Density / Sq Mi
$73,945
Median Household Income
$43,661
Median Earnings
$938
Median Rent
$244,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Sioux Falls, SD
$15.14 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
3,648 SF
Avg Space Size
This space is priced 55% above the average of $15.14 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Attractive office space in amenity-rich Cherapa Place complex.
Where is this office units located?
The property is located at 300 N Cherapa Place Sioux Falls, SD.
What is the lease rate?
The lease rate is $23.50 SF/Yr.
What are key features of this property?
This property features: Available immediately in amenity‑rich Cherapa Place office complex; Lease term thru 10/31/2027; Enjoy the view of the Big Sioux River and Arc of Dreams
