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    5204 Annika Ave Sioux Falls, SD 57107

    Sponsored
    For Lease
    $8 SF/Yr

    Modern Flex Space, Sioux Falls, SD

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 60,000-square-foot flex building, situated in Development Park 7 in northwest Sioux Falls, South Dakota, presents a unique opportunity for businesses seeking modern, efficient space. Completed in 2023, the single-tenant building offers flexible lease options ranging from 20,000 to 60,000 contiguous square feet, making it ideal for a variety of industrial and flex uses. The property boasts impressive features including a 21-foot ceiling height, providing ample vertical space for storage or specialized equipment. Loading and unloading are simplified with six dock-high doors and three drive-in doors, ensuring smooth operations. The building is equipped with 480V 3-phase power, ESFR fire protection, and energy-efficient LED lighting. Ample parking is available with 120 auto parking spaces and 25 trailer parking spaces. Occupancy is anticipated for the fourth quarter of 2024. This state-of-the-art facility offers a prime location in a thriving industrial park, providing easy access to major transportation routes and amenities. The entire building is currently vacant and ready for immediate occupancy upon completion. Contact us today to learn more about this exceptional opportunity.

    Property Features for 5204 Annika Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF
    Total Rate
    40000

    Building Details

    Year Built
    2023
    Buildings
    1

    Unit(s) available at that property

    Space
    Size
    60,000 SF
    Rate per SF
    $8

    HighLights

    • 60,000 SF flex industrial building, single tenant occupancy.
    • 20,000 SF minimum divisible space, up to 60,000 SF contiguous space available.
    • Entire 60,000 SF currently vacant; New construction, completion Q4 2024.
    • 21' clear ceiling height; 6 dock‑high doors; 3 drive‑in doors.
    • 120 auto parking spaces; 480V 3‑phase power; ESFR fire protection; LED lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    5200 W 60th ... Parking Lot

    Suggested Use

    Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Pharmacy Auto Parts Store Skin Care Clinic

    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
    -96.784868
    Latitude
    43.6047503

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, Sioux Falls, SD
    Where is this flex space located?
    The property is located at 5204 Annika Ave Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 60,000 SF flex industrial building, single tenant occupancy.; 20,000 SF minimum divisible space, up to 60,000 SF contiguous space available.; Entire 60,000 SF currently vacant; New construction, completion Q4 2024.
    Request Owner's contact information
    5204 Annika Ave Sioux Falls, SD 57107
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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
    5204 Annika Ave Sioux Falls, SD 57107
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