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Single-Tenant Office Investment
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3817 S Elmwood Ave, Sioux Falls, SD 57105

Single-tenant office property built in 1990 with a backup generator and a newly signed 5-year lease.

Property Size14,780 SF
Price / SF$131.94
Days on Market24

Property Features for 3817 S Elmwood Ave

General Information

Standard status Active
Size 14,780 SF
Property subtype OFFICE

Additional Details

Business Included No

Amenities

backup generator

Building Details

Year Built 1990
Tenancy Single
Listing Agency: NAI | Sioux Falls
Listed By: Troy Fawcett, CCIM, SIOR
Source: Moodyscre
Added: Jul 10 Changed: Jul 28 Last Checked: Jul 28 at 8:03PM

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.

This is a single-tenant office investment property built in 1990. Helpline has signed a new 5-year lease set to commence September 11, 2026.

The property includes a backup generator and a parking lot installed in 2018 with excess parking. Tours are available by appointment only, conducted with a signed Letter of Intent due to tenant confidentiality.

Located at 3817 S Elmwood Ave in Sioux Falls, SD 57105, the building is presented for sale as a leased asset.

Key Highlights

  • Single‑tenant investment property with a newly signed 5‑year lease commencing September 11, 2026
  • Office property built in 1990
  • Backup generator on‑site

Property Analytics

Current Use

Helpline Center Charitable Organization

Suggested Use

Top Pick Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Barber Shop Nursing Home 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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

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

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
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Frequently Asked Questions

What type of property is this?
Office building - Single-tenant office property built in 1990 with a backup generator and a newly signed 5-year lease.
Where is this office building located?
The property is located at 3817 S Elmwood Ave Sioux Falls, SD.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Single‑tenant investment property with a newly signed 5‑year lease commencing September 11, 2026; Office property built in 1990; Backup generator on‑site
(605) 321-2199 Call to check price and availability
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