Flex Building in Development
For Lease
Contact for pricing
5204 N Annika Ave, Sioux Falls, SD 57107
Flex building for lease, estimated completion Q3 2025.
Space SizeContact for details
Property Size60,000 SF
Days on Market1462
Property Features for 5204 N Annika Ave
General Information
Standard status
Active
Size
60,000 SF
Total Parking Spaces
80
Property subtype
Industrial
Lease Type
NNN
Building Details
Building Size
60,000 SF
Year Built
2023
Tenancy
Multiple
Listing Agency:
Bender Commercial
Listed By:
Bradyn Neises · License #SD 16240
(605) 579-0189
Source:
Crexi
Added: Oct 20, 2022
Changed: Oct 16
Last Checked: Oct 19 at 6:19AM
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 Bender Commercial
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Investment Insights
Based on property information with market context.
A flex building, ranging from 20,000 to 60,000 square feet, is planned for construction in Development Park 7, located in northwest Sioux Falls. The estimated completion date is Q3 2025. The building will feature a 21-foot ceiling height, six dock doors, and three drive-in doors. It will be equipped with 480V, 3-Phase power, ESFR fire protection, and LED lighting. Parking provisions include 120 spaces for automobiles and 25 spaces for trailers.
Key Highlights
- Customizable 20,000 – 60,000 SF flex building to be constructed.
- Estimated completion Q3 2025.
- Includes six (6) dock doors and three (3) drive‑in doors.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 57107, SD
11,915
Population
4,851
Households
2.5
Avg Household Size
32
Median Age
30%
College-Educated
91%
High-School Grad
46.8 sq mi
ZIP Area
255
Density / Sq Mi
$76,719
Median Household Income
$46,126
Median Earnings
$1,079
Median Rent
$250,700
Median Home Value
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Market
Lease Benchmarks for Sioux Falls, SD
$8.66 /SF/Yr
Avg Asking Price
$7–$11.4 /SF/Yr
Price Range
13,212 SF
Avg Space Size
This space is priced 8% below the average of $8.66 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flex building for lease, estimated completion Q3 2025.
Where is this flex space located?
The property is located at 5204 N 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: Customizable 20,000 – 60,000 SF flex building to be constructed.; Estimated completion Q3 2025.; Includes six (6) dock doors and three (3) drive‑in doors.
