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Flex Building in Development Park
For Lease
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5204 N Annika Ave, Sioux Falls, SD 57107

Flex building for lease, estimated completion Q3 2025.

Space SizeContact for details
Property Size60,000 SF
Days on Market1417

Property Features for 5204 N Annika Ave

General Information

Standard status Active
Size 60,000 SF
Total Parking Spaces 80
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 60,000 SF
Year Built 2023
Tenancy Multiple
Listing Agency: Bender Commercial
Listed By: Bradyn Neises · License #SD 16240
Source: Crexi
Added: Oct 20, 2022 Changed: Sep 2 Last Checked: Sep 3 at 4:52AM

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 Bender Commercial

Investment Insights

Based on property information with market context.

A flex building, ranging from 20,000 to 60,000 square feet, is planned for construction in Development Park 7, located in northwest Sioux Falls. The estimated completion date is Q3 2025. The building will feature a 21-foot ceiling height, six dock doors, and three drive-in doors. It will be equipped with 480V, 3-Phase power, ESFR fire protection, and LED lighting. Parking provisions include 120 spaces for automobiles and 25 spaces for trailers.

Key Highlights

  • Customizable 20,000 – 60,000 SF flex building to be constructed.
  • Estimated completion Q3 2025.
  • Includes six (6) dock doors and three (3) drive‑in doors.

Property Analytics

Current Use

5200 W 60th ... Parking Lot & Garage

Suggested Use

Top Pick Building Supply Locksmith Grocery & Convenience Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Nail Salon

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
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby
Well-served
Demand for This Use

Demographics for 57107, SD

11,915
Population
4,851
Households
2.5
Avg Household Size
32
Median Age
30%
College-Educated
91%
High-School Grad
46.8 sq mi
ZIP Area
255
Density / Sq Mi
$76,719
Median Household Income
$46,126
Median Earnings
$1,079
Median Rent
$250,700
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex building for lease, estimated completion Q3 2025.
Where is this flex space located?
The property is located at 5204 N Annika Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Customizable 20,000 – 60,000 SF flex building to be constructed.; Estimated completion Q3 2025.; Includes six (6) dock doors and three (3) drive‑in doors.
(605) 579-0189 Call to check price and availability
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