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Turnkey Office Space Available
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400 S Sycamore Ave, Sioux Falls, SD 57110

11,850 sqft office space at East 10th & Sycamore.

Space Size32,398 SF
Days on Market1184

Property Features for 400 S Sycamore Ave

General Information

Standard status Active
Size 32,398 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 32,398 SF
Tenancy Single

Spaces For Lease

at 400 S Sycamore Ave Contact us

Space 1

Size
32,398 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Tysdal Commercial
Listed By: Mike Knudson · License #SD 18725
Source: Crexi
Added: May 16, 2023 Changed: Aug 8 Last Checked: Aug 9 at 2:27PM

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 Tysdal Commercial

Investment Insights

Based on property information with market context.

This 11,850 square foot office space is available for rent at $9 per square foot (NNN), with NNN estimated at $2.52 per square foot. Located at the corner of East 10th Street and Sycamore Avenue, the space was formerly a bank operations center. The wide-open layout is suitable for a variety of office users. The space includes 16 offices, a conference room, a break room, and in-suite restrooms.

Key Highlights

  • Turnkey office space ready for immediate occupancy.
  • Large open layout suitable for various office configurations.
  • Competitive lease rate of $9 PSF (NNN).

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Big Box & Wholesale Store Nail Salon

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

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby

Demographics for 57110, SD

22,013
Population
9,178
Households
2.4
Avg Household Size
35
Median Age
43%
College-Educated
92%
High-School Grad
20.9 sq mi
ZIP Area
1,053
Density / Sq Mi
$87,114
Median Household Income
$52,202
Median Earnings
$1,018
Median Rent
$365,600
Median Home Value

Market

Lease Benchmarks for Sioux Falls, SD

$14.81 /SF/Yr
Avg Asking Price
$7–$27 /SF/Yr
Price Range
4,828 SF
Avg Space Size

This space is priced 39% below the average of $14.81 /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 - 11,850 sqft office space at East 10th & Sycamore.
Where is this office units located?
The property is located at 400 S 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: Turnkey office space ready for immediate occupancy.; Large open layout suitable for various office configurations.; Competitive lease rate of $9 PSF (NNN).
More about this property
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