Spaces For Lease

at 506 W Industrial Rd

506 W Industrial Rd $1,200/Mo

Floor 1

Size 1,500 SF

Type INDUSTRIAL

Lease Type GROSS

Availability AVAILABLE, Completion

Sublease No

- Each unit consists of 30’x50’ shop space to include an 8’x12 office and 6’x8’ bathroom. - 16’ side wall height - 14’ x 12’ garage door - Storage above the office - Floor drain in the shop - Natural gas heat - Tenant pays electric, heat and pro-rata share of the water/sewer

Contact us

Listing Agency: Vantis Commercial Show Phone

Listed By: Amy Ibis · License #12881 Show Phone

Source: Moodyscre

Added: Feb 13 Changed: Aug 30 Last Checked: Oct 16 at 10:17AM

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Investment Insights

Based on property information with market context.

This flex-space offering provides 1,500 square feet in each unit, arranged with a 30’ x 50’ shop, an 8’ x 12’ office, and a 6’ x 8’ bathroom. The configuration also includes storage above the office, a floor drain in the shop, a 14’ x 12’ garage door, and 16’ side wall height. Natural gas heat supports the building’s shop environment.

The property is located at 506 W Industrial Rd in Canton, South Dakota. Electric, heat, and a pro-rata share of water and sewer are paid by the tenant, providing a clearly defined utility responsibility structure.

Key Highlights

• 1,500‑square‑foot units with 30’ x 50’ shop areas
• Each unit includes an 8’ x 12’ office and 6’ x 8’ bathroom
• 14’ x 12’ garage door and 16’ side wall height

Property Analytics

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Current Use

Innovation Storage Condos Storage Facility

Suggested Use

Top Pick Building Supply Cafe & Coffee Shop Daycare Center Pet Store Pet Store & Service Big Box & Wholesale Store

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

16 ft

Clear height

NNN (Triple Net)

Lease Type

$1.44 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 57013, SD

4,482

Population

2,064

Households

2.2

Avg Household Size

40

Median Age

20%

College-Educated

91%

High-School Grad

132.7 sq mi

ZIP Area

34

Density / Sq Mi

$77,813

Median Household Income

$43,553

Median Earnings

$704

Median Rent

$224,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Frequently Asked Questions

What type of property is this?

Flex space - Each unit combines shop space with a private office, bathroom, overhead storage, and natural gas heat.

Where is this flex space located?

The property is located at 506 W Industrial Rd Canton, SD.

What is the lease rate?

The lease rate is $1,200/Mo.

What are key features of this property?

This property features: 1,500‑square‑foot units with 30’ x 50’ shop areas; Each unit includes an 8’ x 12’ office and 6’ x 8’ bathroom; 14’ x 12’ garage door and 16’ side wall height