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Office Unit with Conference Room
New
For Lease
$18 SF/Yr

530 South Phillips Avenue, Sioux Falls, SD 57104

Established office layout with private rooms, shared work areas, a kitchenette, and on-site parking.

Space Size2,264 SF
Days on Market3

Property Features for 530 South Phillips Avenue

General Information

Standard status Active
Size 2,264 SF
Total Parking Spaces 8
Property subtype Office
Lease Term NNN

Space & Availability

Private Offices 5
Meeting Rooms 1

Building Details

Year Built 1952

Spaces For Lease

at 530 South Phillips Avenue Contact us

530 S Phillips Ave $18/SF/Yr

Size
2,264 SF
Term
Negotiable
Contact us
Listed By: Gregg Brown, MBA, SIOR
Source: Siouxfallscommercial
Added: Sep 11 Last Checked: Sep 12 at 3:50AM

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 2,264-square-foot office unit was built in 1952 and provides a practical mix of private and shared work areas. The layout includes two windowed offices, three interior offices, a workstation, reception desk, conference room, copy and file room, storage room, and kitchenette.

The property is located at 530 South Phillips Avenue in Sioux Falls, South Dakota. Eight parking spaces are included, supporting staff and visitor access for an office user.

Key Highlights

  • 2,264 SF office unit at 530 South Phillips Avenue
  • Built in 1952
  • Two window offices and three interior offices

Property Analytics

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Current Use

Assam Companies Real Estate Agency

Suggested Use

Top Pick Dental Office Carpet & Flooring Store Locksmith Acupuncture Pet Grooming Service (Bike/Boat/Book/etc) 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

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,344
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sioux Falls, SD

$15.18 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
3,352 SF
Avg Space Size

This space is priced 19% above the average of $15.18 /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
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Frequently Asked Questions

What type of property is this?
Office units - Established office layout with private rooms, shared work areas, a kitchenette, and on-site parking.
Where is this office units located?
The property is located at 530 South Phillips Avenue Sioux Falls, SD.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 2,264 SF office unit at 530 South Phillips Avenue; Built in 1952; Two window offices and three interior offices
More about this property
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