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    701 60Th St Sioux Falls, SD 57104

    Sponsored
    For Lease
    $13 SF/Yr

    Prime Sioux Falls industrial/flex space. Multiple suites available.

    Lot size:
    124,626 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 124,626 square foot flex/warehouse building, located at 701 East 60th St N in Sioux Falls, South Dakota, presents a unique opportunity. Built in 1981, this two-story structure sits on a generous 15-acre lot and is zoned I-1. The property offers a variety of configurations, with a minimum divisible space of 61,164 square feet and a maximum contiguous space of the entire 124,626 square feet. Currently, there are two suites available. The building features a substantial 30-foot ceiling height, ideal for various industrial uses, and includes two dock-high doors for efficient loading and unloading. Ample parking is provided with a 1:189 parking ratio. Elevators are available for convenient access between floors. This property is perfectly suited for businesses requiring a blend of office and warehouse space, offering flexibility and scalability to meet diverse operational needs. Its strategic location in Sioux Falls, South Dakota, 57104, provides excellent access to transportation routes and a thriving business community. This is a rare opportunity to secure a substantial and well-equipped industrial/flex space in a desirable location.

    Property Features for 701 60Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    124,626 SF
    Total Rate
    135011.5

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Building 1 - 1st Floor
    Size
    63,462 SF
    Rate per SF
    $13
    Space
    Building 1 - 2nd Floor
    Size
    61,164 SF
    Rate per SF
    $13

    HighLights

    • Asking Price: $13.00 per square foot, triple net (NNN).
    • Flexible Suite Sizes: 61,164 to 124,626 square feet available.
    • Property Type: Office/Call Center space.
    • Building Size: 124,626 square feet.
    • Land Size: 15‑acre lot.
    • Year Built: 1981.
    Property Profile Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Restaurant Realty agency Dental Office Building Supply Clothing Store Hotel & Motel Wholesale Shop Skin Care Clinic Auto Parts Store Kitchen & Bath

    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
    -96.7186283
    Latitude
    43.5996153

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    FAQs

    What type of property is this?
    Distribution property - Prime Sioux Falls industrial/flex space. Multiple suites available.
    Where is this distribution property located?
    The property is located at 701 60Th St Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Asking Price: $13.00 per square foot, triple net (NNN).; Flexible Suite Sizes: 61,164 to 124,626 square feet available.; Property Type: Office/Call Center space.
    Request Owner's contact information
    701 60Th St Sioux Falls, SD 57104
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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
    701 60Th St Sioux Falls, SD 57104
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