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    427 Minnesota Ave Sioux Falls, SD 57104

    Sponsored
    For Lease
    $14 SF/Yr ($5,833 /Mo)

    Exceptional Sioux Falls Office Space: 2,073 sq ft

    Lot size:
    5,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 2,073-square-foot office suite, located at 427 N Minnesota Ave Suite A in Sioux Falls, South Dakota, 57104, is situated in the desirable Northstar Plaza. The single-tenant space is part of a 5,000-square-foot building, completely renovated in 2024. The suite boasts a highly functional layout, perfect for small to medium-sized businesses. Features include three private offices, a dedicated break room, and a convenient conference room, providing ample space for both individual work and collaborative efforts. The building offers twelve convenient parking spaces for tenants and their clients. This prime location enjoys excellent visibility, directly across from the Minnehaha County building, and benefits from prominent placement on a large monument sign, ensuring high traffic exposure. The property is located at the intersection of Minnesota Avenue and 5th Street in Minnehaha County. This is a single-story building offering a highly sought-after traditional office space. Don't miss this opportunity to secure a premier office location in a thriving area of Sioux Falls.

    Property Features for 427 Minnesota Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,000 SF
    Total Rate
    5833.33

    Building Details

    Year Renovated
    2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,073 SF
    Rate per SF
    $14

    HighLights

    • 2,073 SF office suite in Sioux Falls, SD.
    • $14.00 PSF, estimated NNN $4.68 PSF.
    • High visibility location across from Minnehaha County building with monument signage.
    • Twelve parking spaces, front and rear access.
    • Co‑tenants include Effervescent Voice Academy and Dunham Consulting Engineers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Nichols & Rabuck P.C. Attorney David Jeffrey DC Chiropractor Davis Chiropractic Clinic Chiropractor Effervescent Voice Academy Music Instructor

    Suggested Use

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

    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
    -96.731289582811
    Latitude
    43.55226256266

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    FAQs

    What type of property is this?
    Office Property / Space - Exceptional Sioux Falls Office Space: 2,073 sq ft
    Where is this office property / space located?
    The property is located at 427 Minnesota 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: 2,073 SF office suite in Sioux Falls, SD.; $14.00 PSF, estimated NNN $4.68 PSF.; High visibility location across from Minnehaha County building with monument signage.
    Request Owner's contact information
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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
    427 Minnesota Ave Sioux Falls, SD 57104
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