5116 Solberg Ave, Sioux Falls, SD 57108
This exceptional Class A office property, located at 5116 & 5120 S Solberg Avenue in Sioux Falls, South Dakota, offers a rare opportunity for businesses seeking premium executive office space. Built in 2004, the property boasts a total of 15,466 square feet situated on a generous 1.6-acre lot in Lincoln County. Multiple tenancy options are available, with a minimum divisible space of 4,790 square feet and a maximum contiguous space of 10,690 square feet. Currently, 15,480 square feet is vacant, presenting a significant opportunity for immediate occupancy. The property's prime location in southwest Sioux Falls offers unparalleled convenience and visibility, with easy access to 57th Street and I-29. This thriving area is home to a variety of established businesses, including Journey Construction, Great Plains Dental, Bluestone FCU, Sky Zone Trampoline Park, Donegal Pointe Apartments, Killarney Crossing, CentralSquare, and Sammons Financial Group, ensuring a strong and vibrant business community. The property's 2004 construction ensures modern amenities and efficient layouts, making it an ideal choice for businesses seeking a prestigious and functional workspace. The zip code is 57108.
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Small Business Development Center Business Service Center
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Avera @ Home Physician
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South Dakota Manufacturing and Technology Solutions Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.