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    200 85Th St Sioux Falls, SD 57108

    For Lease
    $25 SF/Yr

    Modern Sioux Falls Offices, Multiple Sizes Available

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Prairie Towers, a brand-new Class A commercial property in Sioux Falls, South Dakota, offers a diverse range of office spaces for lease. Completed in 2023, this two-building complex sits on a 5.32-acre lot at 200 W 85th St, conveniently located near the intersection of S Minnesota Ave and W 85th St, and the future Veterans Parkway's exit/on-ramp to 85th St. The property is zoned BCF3 (business and community facilities) and features a variety of office configurations to suit various business needs, including traditional office, executive office, coworking, medical office, and creative office spaces. Units range from 1,000 square feet to 5,000 square feet, providing flexibility for businesses of all sizes. The property's prime location in south-central Sioux Falls boasts high traffic volume, abundant growth, and above-average consumer spending trends, making it an ideal location for businesses seeking high visibility and access to a thriving market. The APN is 022814350009000, and the cross street is South Brookside Circle. Multiple tenancy options are available. This exceptional property offers a unique opportunity to establish a presence in one of Sioux Falls' most dynamic commercial areas. Inquire today to learn more about available spaces and lease terms.

    Property Features for 200 85Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Class
    A

    Building Details

    Year Built
    2023
    Buildings
    2

    Unit(s) available at that property

    Space
    Available Space
    Size
    5,000 SF
    Rate per SF
    $25

    HighLights

    • New Class A office building (2023 construction) in Sioux Falls, SD, offering 1,000‑5,000 sq ft units.
    • Located near the intersection of S Minnesota Ave and W 85th St, with proximity to the future Veterans Parkway.
    • High visibility location with strong traffic counts and high consumer spending in a rapidly growing area.
    • Veterans Parkway construction underway, estimated completion 2027.
    • Surrounded by established businesses including Walmart, Aldi, Starbucks, and numerous restaurants.
    • Ideal for various uses including salon/spa, law firm, or insurance office.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Realty agency Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Minnehaha
    State
    South Dakota
    Longitude
    -96.7252767
    Latitude
    43.4750877

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    FAQs

    What type of property is this?
    Restaurant - Modern Sioux Falls Offices, Multiple Sizes Available
    Where is this restaurant located?
    The property is located at 200 85Th St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: New Class A office building (2023 construction) in Sioux Falls, SD, offering 1,000-5,000 sq ft units.; Located near the intersection of S Minnesota Ave and W 85th St, with proximity to the future Veterans Parkway.; High visibility location with strong traffic counts and high consumer spending in a rapidly growing area.
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    Sioux Falls, SD 57108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 85Th St Sioux Falls, SD 57108
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