Modern Fully-Leased Office
6245 S Pinnacle Pl, Sioux Falls, SD 57108
For Sale
Contact for pricing
Built in 2021 with shared parking, this leased office building supports multiple professional tenants.
Property Size12,763 SF
Lot Size0.84 Acres
Price / SF$368.25
Days on Market260
Property Features for 6245 S Pinnacle Pl
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Occupancy
Additional Details
Cap Rate
Building Details
Year Built
Buildings
Stories
Tenancy
Listing Agency:
Van Buskirk Companies
Listed By:
Autumn Kaufhold · License SD #18251
(605) 351-5512
Source:
Crexi
Added: Feb 26
Changed: Nov 8
Last Checked: Nov 12 at 5:57AM
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 Van Buskirk Companies
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This modern office building was built in 2021 and totals 12,763 square feet under Office zoning. The property is currently fully-leased, with tenant occupants including Kaufhold & Dix Law, Allen Edge Real Estate Team, Dakota Financial Services, Stencil Group LLC, and Elation Property Management.
Located at 6245 S Pinnacle Pl in Sioux Falls, South Dakota, the building sits on a 0.84-acre site in Lincoln County. The property provides 45 shared surface parking spaces, supporting day-to-day access for employees and visitors.
For buyers seeking an income-producing office asset in a professionally used setting, this building offers a practical, turn-key option with established tenants already in place. Owner interest is supported by the combination of a newer construction profile, designated office use, and an on-site parking layout that accommodates multiple occupants within one property.
Located at 6245 S Pinnacle Pl in Sioux Falls, South Dakota, the building sits on a 0.84-acre site in Lincoln County. The property provides 45 shared surface parking spaces, supporting day-to-day access for employees and visitors.
For buyers seeking an income-producing office asset in a professionally used setting, this building offers a practical, turn-key option with established tenants already in place. Owner interest is supported by the combination of a newer construction profile, designated office use, and an on-site parking layout that accommodates multiple occupants within one property.
Key Highlights
- Fully‑leased office building with multiple tenants including Kaufhold & Dix Law, Allen Edge Real Estate Team, Dakota Financial Services, Stencil Group LLC, and Elation Property Management
- Built in 2021 office building totaling 12,763 SF
- Office zoning; 0.84‑acre site in Lincoln County
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$170,865
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,417,300
$3.4M
Cap Rate 7%
$2,440,929
$2.4M
Cap Rate 9%
$1,898,500
$1.9M
Market Conditions
NOI Build-Up for 12,763 SF
Gross rent
$268.0K $21.00/SF
− Vacancy
−$40.2K −$3.15/SF
EGI
$227.8K $17.85/SF
− OpEx
−$57.0K −$4.46/SF
NOI
$170.9K $13.39/SF
Area
Sioux Falls, SD
Vacancy
15.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,417,300
Cap Rate 7%
$2,440,929
Cap Rate 9%
$1,898,500
Alternative Uses
Best Use
Office B
$2.44M
$2.14M – $2.85M
NOI $170,865 @ 7.0% cap · market cap 3.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.03M – $4.04M
NOI $242,599 @ 7.0% cap · market cap 5.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 57108, SD
31,953
Population
13,933
Households
2.3
Avg Household Size
36
Median Age
54%
College-Educated
97%
High-School Grad
30.4 sq mi
ZIP Area
1,051
Density / Sq Mi
$96,184
Median Household Income
$51,749
Median Earnings
$1,292
Median Rent
$401,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Sioux Falls, SD
Properties on Market for Office buildings in Sioux Falls
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Built in 2021 with shared parking, this leased office building supports multiple professional tenants.
Where is this office building located?
The property is located at 6245 S Pinnacle Pl Sioux Falls, SD.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Fully‑leased office building with multiple tenants including Kaufhold & Dix Law, Allen Edge Real Estate Team, Dakota Financial Services, Stencil Group LLC, and Elation Property Management; Built in 2021 office building totaling 12,763 SF; Office zoning; 0.84‑acre site in Lincoln County
