Sioux Falls Data Center
For Sale
$9,524,711
500 East 56th Street, Sioux Falls, SD 57104
122,293 SF data center or office building for sale.
Property Size122,293 SF
Price / SF$77.88
Days on Market187
Property Features for 500 East 56th Street
General Information
Standard status
Active
Size
122,293 SF
Property subtype
Office
Building Details
Year Built
1996
Listing Agency:
(605) 906-0394
Listed By:
Gregg Brown, MBA, SIOR
(605) 906-0394
Source:
Naiglobal
Added: Jan 27
Changed: Jul 10
Last Checked: Aug 2 at 6:15AM
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 Gregg Brown, MBA, SIOR
Investment Insights
Based on property information with market context.
This 122,293 square foot property is suitable for use as a data center, industrial space, or self-storage facility. Constructed 28 years ago with a land-to-building ratio of 1:5, the building features tilt-up concrete exterior and a slab-on-grade foundation. The current layout is configured as an open plan, call center, and office space. The finished ceiling height is 9 feet, with slab-to-slab measurements of 12 feet 4 inches on the first floor and 14 feet 10 inches on the second floor. Column spacing is 30 feet, and the floor has a raised system of 16 inches. The roof is constructed with tar and gravel. The property is equipped with a wet sprinkler system, a 500 KVA Powerware 9315 UPS covering critical systems with Enerys Wet Cells batteries, and a 1375 KVA Caterpillar 3512 generator covering full building systems. It also includes CRAC Units/Liebert CER cooling. The electrical capacity is 2 megawatts, supported by UST fuel tanks in a cement vault with a total capacity of 10,000 gallons, providing a full load duration of 3.5 days. The property has 644 parking spaces, two dock doors, and two roll-up doors, along with one freight elevator and one passenger elevator. The HVAC system is a condenser water system with heat pumps. The property is currently 100% occupied.
Key Highlights
- Redundant Power Systems: Includes a 1375 KVA Caterpillar generator and a 500 KVA Powerware UPS.
- High Electric Capacity: Features 2 Megawatts of electric capacity.
- Ample Parking: Offers 644 parking spaces.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 122,293 SF data center or office building for sale.
Where is this office building located?
The property is located at 500 East 56th Street Sioux Falls, SD.
What is the asking price?
The asking price for this property is $9,524,711.
What are key features of this property?
This property features: Redundant Power Systems: Includes a 1375 KVA Caterpillar generator and a 500 KVA Powerware UPS.; High Electric Capacity: Features 2 Megawatts of electric capacity.; Ample Parking: Offers 644 parking spaces.
