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    7115 Lyncrest Pl Sioux Falls, SD 57108

    Sponsored
    For Lease
    $23 SF/Yr

    Modern Office Building, 9,067 SF Available

    Lot size:
    22,834 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 22,834 square foot, two-suite office building, constructed in 2022, offers a prime location in Sioux Falls, South Dakota. Situated at 7115 S Lyncrest Pl, 57108, this traditional office space boasts a convenient location near 81st Street and Minnesota Avenue, providing easy access to major thoroughfares. The property sits on a 1.34-acre lot (zoned O-Office) and offers a minimum divisible space of 4,448 square feet, with a maximum contiguous space of 9,067 square feet currently available. This vacant space presents a unique opportunity for businesses seeking modern, efficient office accommodations. The building features ample parking, with a ratio of one space per 300 square feet, totaling 74 parking spaces. Tenant Improvement Allowances (TIA) are negotiable. The property benefits from a strong surrounding commercial environment, with nearby businesses including Walmart, Jersey Mike's, Security Savings Bank, Schulte Subaru, Circle K, Clean Ride Auto, Aldi, Reliabank, Sioux Falls Urgent Care, and Valvoline Instant Oil Change. This location offers excellent visibility and accessibility, making it an ideal choice for a variety of businesses. The property is located in Lincoln County.

    Property Features for 7115 Lyncrest Pl

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,834 SF
    Total Rate
    43765.17

    Building Details

    Year Built
    2022

    Unit(s) available at that property

    Space
    Suite 122
    Size
    4,448 SF
    Rate per SF
    $23

    HighLights

    • 22,834 SF, two‑suite office building, built in 2022.
    • Located at 7115 S Lyncrest Pl, Sioux Falls, SD 57108, near 81st Street and Minnesota Avenue.
    • 1.34‑acre lot (O‑Office zoning); minimum 4,448 SF, maximum 9,067 SF currently available.
    • 74 parking spaces (1 space per 300 SF).
    • Tenant Improvement Allowances (TIA) negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sioux Falls
    County
    Lincoln
    State
    South Dakota
    Longitude
    -96.7288244
    Latitude
    43.4811525

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Building, 9,067 SF Available
    Where is this office property / space located?
    The property is located at 7115 Lyncrest Pl Sioux Falls, SD.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: 22,834 SF, two-suite office building, built in 2022.; Located at 7115 S Lyncrest Pl, Sioux Falls, SD 57108, near 81st Street and Minnesota Avenue.; 1.34-acre lot (O-Office zoning); minimum 4,448 SF, maximum 9,067 SF currently available.
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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
    7115 Lyncrest Pl Sioux Falls, SD 57108
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