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Office Space Near South Veterans
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5001 E Rosa Parks Pl, Sioux Falls, SD 57110

To be constructed office space with high street visibility.

Space SizeContact for details
Property Size5,506 SF
Days on Market1047

Property Features for 5001 E Rosa Parks Pl

General Information

Standard status Active
Size 5,506 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 5,506 SF
Year Built 2023
Tenancy Single
Listing Agency: Bender Commercial
Listed By: Bobbie Tibbetts · License #SD 20333
Source: Crexi
Added: Oct 9, 2023 Changed: Aug 14 Last Checked: Aug 20 at 6:17AM

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

Investment Insights

Based on property information with market context.

This to-be-constructed office space is located near South Veterans Parkway (SD 100) along East 26th Street. The space can be leased as a single tenant or subdivided, with a minimum area of 2,753 square feet. The layout includes a reception area, private offices, conference room(s), and restrooms. The property benefits from high visibility and signage along East 26th Street, which sees a daily traffic count of 16,400 vehicles. The parking ratio is 1:162. The location offers convenient access to shopping and restaurants.

Key Highlights

  • High visibility location on East 26th Street with 16,400 daily traffic count.
  • New construction (2023) office space.
  • Flexible space: can be leased as a single tenant or subdivided (minimum 2,753 SF).

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

33
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
4,688 SF
Avg Space Size

This space is priced 49% above 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - To be constructed office space with high street visibility.
Where is this office units located?
The property is located at 5001 E Rosa Parks Pl Sioux Falls, SD.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: High visibility location on East 26th Street with 16,400 daily traffic count.; New construction (2023) office space.; Flexible space: can be leased as a single tenant or subdivided (minimum 2,753 SF).
(605) 336-7600 Call to check price and availability
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