4020 South Hawthorne Avenue, Sioux Falls, SD
Office/classroom space with convenient interstate access and security features.
- Added:
- Nov 24, 2025
- Days on Market:
- 224
- Last Refresh:
- May 19 at 8:56 pm
Property Features for 4020 South Hawthorne Avenue
General Information
- Standard status
- Active
- Size
- 3,995 SF
- Lot size
- 1.61 Acres
- Property subtype
- OFFICE
Listing office Vantis Commercial (605) 215-0940
Listing date Nov 24, 2025
Source Moodyscre
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
HighLights
- Spacious classroom area boasting 2,925 sq.ft. and approximately 12' high ceilings.
- Conveniently located with easy access to I‑29 and I‑229.
- Features a private office, breakroom, and two restrooms.
- Low maintenance exterior and roof.
- Equipped with security cameras.
- Includes one 6'x7' OH door and one exterior double door.
Overview
Local 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 | $83.9k | $21.00 |
| − Vacancy | −$12.6k | −$3.15 |
| EGI | $71.3k | $17.85 |
| − OpEx | −$17.8k | −$4.46 |
| NOI | $53.5k | $13.39 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sioux Falls
- County
- Lincoln
- State
- South Dakota
- Longitude
- -96.7481
- Latitude
- 43.5096
