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Office Units with Surface Parking
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711 N Lake Ave, Sioux Falls, SD 57104

Adaptable office space with on-site parking and monument signage oriented toward NW Avenue.

Space Size10,280 SF
Days on Market532

Property Features for 711 N Lake Ave

General Information

Standard status Active
Size 10,280 SF
Total Parking Spaces 45
Property subtype OFFICE

Additional Details

Available From Immediate

Spaces For Lease

at 711 N Lake Ave Contact us

711 N Lake Ave $14/SF/Yr

Floor
Bldg
Size
10,280 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Flexible floor plan allows for ample customization – see page 3 of marketing...
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Listing Agency: Lloyd Companies - Corporate
Listed By: Raquel Blount, SIOR
Source: Moodyscre
Added: Mar 19, 2025 Changed: Aug 30 Last Checked: Aug 31 at 4:47PM

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 Lloyd Companies - Corporate

Investment Insights

Based on property information with market context.

This office property offers 10,280 square feet with a flexible layout that can be adapted to different operational requirements. The premises were formerly used for a daycare operation and are available now. On-site improvements include 45 surface parking stalls and monument signage facing NW Avenue.

The property is near Terrace Park, which includes walking paths, nine baseball fields, Japanese Gardens, Covell Lake, an aquatic center, and tennis courts. The park records 159.1k annual visits. Nearby businesses include Stewart School, Urban Adventure Center, Bluestone Federal Credit Union, FastSigns, Casey’s, SportBowl, and Casa Del Ray. Nearby schools include Laura Anderson Elementary, All City Elementary, and Axtell Middle School, serving a combined 840 students during the 2023-2024 school year.

Key Highlights

  • 10,280 square feet of office space
  • 45 surface parking stalls on site
  • Flexible floor plan for customization

Property Analytics

Current Use

Wildflower Academy Daycare Center Amdahl Beth A Employment Agency South Dakota Coalition ... Domestic Abuse Treatment Center Nissen Stacia M Counselor Melissa A. Hemmestad, CCDCIII Physician

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Real Estate Agency Veterinary Clinic Pet Grooming Service

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
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,901
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

Lease Benchmarks for Sioux Falls, SD

$14.91 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
4,891 SF
Avg Space Size

This space is priced 6% below the average of $14.91 /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 - Adaptable office space with on-site parking and monument signage oriented toward NW Avenue.
Where is this office units located?
The property is located at 711 N Lake Ave Sioux Falls, SD.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: 10,280 square feet of office space; 45 surface parking stalls on site; Flexible floor plan for customization
(605) 728-9092 Call to check price and availability
More about this property
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