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NorthStar Plaza Retail Space
For Lease
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427 N Minnesota Ave, Sioux Falls, SD 57104

Two retail spaces are available within a 1987 commercial property.

Space Size1,168 SF - 2,073 SF
Property Size5,000 SF
Days on Market165

Property Features for 427 N Minnesota Ave

General Information

Standard status Active
Size 1,168 SF - 2,073 SF
Net Rentable 1,168 SF
Class B
Total Parking Spaces 12
Property subtype Retail, Office
Lease Type NNN

Space & Availability

Available Space 1,168-2,073 SF
Space Use Retail

Building Details

Building Size 5,000 SF
Year Built 1987
Tenancy Multiple

Spaces For Lease

at 427 N Minnesota Ave Contact us

Suite 101

Size
2,073 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 102

Size
1,168 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Redwood Equity Partners
Listed By: Benjamin Aaker · License #SD 765511631
Source: Crexi
Added: Mar 19 Changed: Aug 29 Last Checked: Aug 29 at 7:09PM

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 Redwood Equity Partners

Investment Insights

Based on property information with market context.

NorthStar Plaza offers two available retail spaces ranging from 1,168 square feet to 2,073 square feet. The property was built in 1987 and is located at 427 N Minnesota Ave in Sioux Falls, South Dakota.

Key Highlights

  • Two retail spaces available
  • Available suites range from 1,168 square feet to 2,073 square feet
  • 1987 construction

Property Analytics

Current Use

Nichols & Rabuck P.C. Law Firm David Jeffrey DC Alternative Medicine Practice Davis Chiropractic Clinic Alternative Medicine Practice Effervescent Voice Academy Tutoring Service

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Acupuncture Veterinary Clinic Dental Office

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,295
Businesses Nearby

Demographics for 57104, SD

26,998
Population
13,952
Households
1.9
Avg Household Size
37
Median Age
25%
College-Educated
90%
High-School Grad
30.4 sq mi
ZIP Area
888
Density / Sq Mi
$59,161
Median Household Income
$39,101
Median Earnings
$849
Median Rent
$183,700
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$17.74 /SF/Yr
Avg Asking Price
$10–$26 /SF/Yr
Price Range
4,510 SF
Avg Space Size

This space is priced 44% below the average of $17.74 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Two retail spaces are available within a 1987 commercial property.
Where is this retail space located?
The property is located at 427 N Minnesota Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Two retail spaces available; Available suites range from 1,168 square feet to 2,073 square feet; 1987 construction
More about this property
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