Veterinary Clinic Office
For Sale
Contact for pricing
3400 S Holbrook Ave, Sioux Falls, SD 57106
Newly painted veterinary clinic building built in 1999, positioned at a controlled intersection.
Property Size3,185 SF
Price / SF$281
Days on Market172
Property Features for 3400 S Holbrook Ave
General Information
Standard status
Active
Size
3,185 SF
Property subtype
OFFICE
Listing Agency:
Vantis Commercial
(605) 310-4227
Listed By:
Craig Hagen, CCIM, SIOR
Source:
Moodyscre
Added: Feb 11
Changed: Jul 26
Last Checked: Jul 26 at 11:17AM
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 Vantis Commercial
Investment Insights
Based on property information with market context.
This veterinary clinic office building has been operating since 2001 and was built in 1999. The property has been newly painted, offering a refreshed interior for an incoming owner or tenant.
The building is located at a controlled intersection. Recent traffic counts list 17,700 VPD (2024), supporting strong passing visibility for the site.
The property is offered for sale. The available size is 3,185 square feet.
The building is located at a controlled intersection. Recent traffic counts list 17,700 VPD (2024), supporting strong passing visibility for the site.
The property is offered for sale. The available size is 3,185 square feet.
Key Highlights
- Veterinary clinic building built in 1999
- In use as a veterinary clinic since 2001
- Newly painted
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $66.9k | $21.00 |
| − Vacancy | −$10.0k | −$3.15 |
| EGI | $56.9k | $17.85 |
| − OpEx | −$14.2k | −$4.46 |
| NOI | $42.6k | $13.39 |
3,185 SF · lease $21.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$609.1K
$533.0K – $710.7K
NOI $42,639 @ 7.0% cap · market cap 4.76%
Second Best
Healthcare Medical
$583.1K
$510.2K – $680.3K
NOI $40,819 @ 7.0% cap · market cap 4.56%
Theoretical Best
Office A
$864.9K
$756.8K – $1.01M
NOI $60,540 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 57106, SD
47,877
Population
21,722
Households
2.2
Avg Household Size
35
Median Age
35%
College-Educated
93%
High-School Grad
30.3 sq mi
ZIP Area
1,580
Density / Sq Mi
$77,070
Median Household Income
$47,554
Median Earnings
$996
Median Rent
$268,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Prairie Creek Pet Hospital — 2525 Westlake Dr, Sioux Falls, SD 57106
- All City Pet Care West — 3400 S Holbrook Ave, Sioux Falls, SD 57106
- Dr. Angie Plahn — 3400 S Holbrook Ave, Sioux Falls, SD 57106
- All City Pet Care: Brunner Jaleen DVM — 3400 S Holbrook Ave, Sioux Falls, SD 57106
Frequently Asked Questions
What type of property is this?
Medical Office Space - Newly painted veterinary clinic building built in 1999, positioned at a controlled intersection.
Where is this medical office space located?
The property is located at 3400 S Holbrook Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Veterinary clinic building built in 1999; In use as a veterinary clinic since 2001; Newly painted
