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Warehouse and Office Building
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701 E 60th St N, Sioux Falls, SD 57104

A 2-dock facility with raised floor, wet sprinkler system, and extensive backup power, offering parking for 563 vehicles.

Property Size123,028 SF
Price / SF$49.46
Days on Market712

Property Features for 701 E 60th St N

General Information

Standard status Active
Size 123,028 SF
Property subtype OFFICE
Listing Agency: NAI | Sioux Falls
Listed By: Gregg Brown, SIOR
Source: Moodyscre
Added: Aug 19, 2024 Changed: Jul 27 Last Checked: Jul 31 at 1:41PM

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 NAI | Sioux Falls

Investment Insights

Based on property information with market context.

This property includes an existing open plan office/call center layout and features designed for more intensive power and mechanical loads. Improvements include tilt-up concrete exterior construction with slab-on-grade configuration, tar and gravel roofing, wet sprinkler system, 9’ finished ceiling height, raised floor (16”), and slab-to-slab heights of 12’ 4” (1st floor) and 14’ 10” (2nd floor). The building also provides 30’ column spacing, two dock doors, and both a freight and passenger elevator.

The mechanical and electrical systems are extensive, with a condenser water system and heat pumps, plus UPS-backed critical systems and a generator sized at 1,375 KVA (Caterpillar 3512) covering full building systems. UPS coverage includes critical systems using Enersys wet cell batteries, along with CRAC units/Liebert for cooling and electric capacity of 2 megawatts. Fuel is stored in a 10,000-gallon UST housed in a cement vault with a stated 3.5-day duration at full load.

The current offering is for sale and is presented with 90% vacancy and approximately 110,725 SF currently vacant. Parking totals 563 spaces.

Key Highlights

  • Vacant 110,725 SF with 90% vacancy; current layout includes open plan, call center, and office space
  • 2 dock doors with 1 freight and 1 passenger elevator; 9' finished ceiling height and 30' column spacing
  • Raised floor system (16") with slab‑to‑slab heights of 12' 4" (1st floor) and 14' 10" (2nd floor)

Property Analytics

Current Use

Victory Life Church Church Smith Barney Bank ... Financial Advisor

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Dental Office Garden Center Bakery Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

76
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

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - A 2-dock facility with raised floor, wet sprinkler system, and extensive backup power, offering parking for 563 vehicles.
Where is this office building located?
The property is located at 701 E 60th St N Sioux Falls, SD.
What is the asking price?
The asking price for this property is $6,084,626.
What are key features of this property?
This property features: Vacant 110,725 SF with 90% vacancy; current layout includes open plan, call center, and office space; 2 dock doors with 1 freight and 1 passenger elevator; 9' finished ceiling height and 30' column spacing; Raised floor system (16") with slab‑to‑slab heights of 12' 4" (1st floor) and 14' 10" (2nd floor)
(605) 306-2519 Call to check price and availability
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