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    400 Sycamore Ave Sioux Falls, SD 57110

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Sioux Falls Office Space

    Lot size:
    32,398 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 32,398-square-foot office building in Sioux Falls, South Dakota, offers flexible space ideal for various uses. Located at 400 S Sycamore Ave, 57110, at the corner of East 10th Street and Sycamore Avenue, this single-tenant property is immediately available. The building previously served as a bank operations center, featuring a wide-open layout adaptable to diverse needs. Multiple suite options are available, including Suite 100 (4,987 sq ft), Suite 101 (20,460 sq ft), Suite 102 (5,665 sq ft), and Suite 103-1 (4,100 sq ft). The property is offered at a rate of $9 per square foot (NNN), with an estimated NNN expense of $1.91 per square foot. The building's location in Minnehaha County provides excellent access and visibility. This versatile space presents a unique opportunity for businesses seeking a prominent location in Sioux Falls. The building's size allows for subdivision to accommodate various tenant requirements.

    Property Features for 400 Sycamore Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    32,398 SF
    Total Rate
    24298.5

    Unit(s) available at that property

    Space
    Size
    32,398 SF
    Rate per SF
    $9

    HighLights

    • 32,398 SF office building in Sioux Falls, SD.
    • Located at 400 S Sycamore Ave, 57110, at the corner of E 10th St and Sycamore Ave.
    • Immediately available, single‑tenant, previously a bank operations center with flexible, open layout.
    • Multiple suite options available, ranging from 4,100 SF to 20,460 SF.
    • $9/SF NNN, with estimated NNN expenses of $1.91/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dakota Loads Inc Trucking Company Arietis Tax & Business ... Tax Preparation Service Kaskile Tax Service Tax Preparation Service Eagle Vision Trucking ... Transportation Service T2 Roofing Roofing Contractor

    Suggested Use

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

    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
    -96.670446325697
    Latitude
    43.545406975606

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Sioux Falls Office Space
    Where is this office property / space located?
    The property is located at 400 Sycamore Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 32,398 SF office building in Sioux Falls, SD.; Located at 400 S Sycamore Ave, 57110, at the corner of E 10th St and Sycamore Ave.; Immediately available, single-tenant, previously a bank operations center with flexible, open layout.
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    400 Sycamore Ave Sioux Falls, SD 57110
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    Sioux Falls, SD 57110
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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
    400 Sycamore Ave Sioux Falls, SD 57110
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