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Office Space on Phillips Avenue
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3500 S Phillips Ave, Sioux Falls, SD 57105

Office building with easy access to major routes.

Space Size778 SF - 2,153 SF
Property Size4,114 SF
Days on Market161

Property Features for 3500 S Phillips Ave

General Information

Standard status Active
Size 778 SF - 2,153 SF
Class A
Property subtype Office
Lease Type Gross

Building Details

Building Size 4,114 SF
Year Built 1978
Tenancy Multiple

Spaces For Lease

at 3500 S Phillips Ave Contact us

Suite 121

Size
778 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suite 247

Size
2,153 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: NAI Sioux Falls
Listed By: Brody Etrheim · License #SD 20218
Source: Crexi
Added: Mar 13 Changed: Aug 8 Last Checked: Aug 8 at 2:56PM

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 NAI Sioux Falls

Investment Insights

Based on property information with market context.

Located on the southeast corner of East 43rd Street and South Phillips Avenue, this building offers convenient access to Minnesota Avenue, Interstate 229, and 41st Street.

Key Highlights

  • Easy access to Minnesota Avenue
  • Easy access to Interstate 229
  • Easy access to 41st Street

Property Analytics

Current Use

DataBank - Sioux Falls, ... Business To Business Service KMS Engineering Structural Engineer Dianne S. Heynen, ... Physician Aflac Insurance: Russell ... Insurance Agency Craig Law Office Law Firm

Suggested Use

Top Pick Parking Lot & Garage Skin Care Clinic HVAC Service Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

748
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57105, SD

22,635
Population
10,550
Households
2.1
Avg Household Size
36
Median Age
44%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
3,018
Density / Sq Mi
$74,066
Median Household Income
$43,271
Median Earnings
$956
Median Rent
$247,900
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$14.81 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
6,936 SF
Avg Space Size

This space is priced 8% above the average of $14.81 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Firewind Digital Studios 220 E Pam Rd, Sioux Falls, SD 57105
  • Laptopperks 3500 S Minnesota Ave #104, Sioux Falls, SD 57105, United States

Frequently Asked Questions

What type of property is this?
Office space - Office building with easy access to major routes.
Where is this office space located?
The property is located at 3500 S Phillips Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Easy access to Minnesota Avenue; Easy access to Interstate 229; Easy access to 41st Street
(605) 251-7625 Call to check price and availability
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