For Lease
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Property summary
Equity Square, located at 140 N Phillips Ave in Sioux Falls, South Dakota, 57104, offers a unique blend of retail and office space in a prime downtown location. This four-story building, totaling 56,000 square feet, underwent a complete renovation in 2016, resulting in a modern and efficient workspace. The property is currently available for multiple tenants, with a minimum divisible space of 1,313 square feet and a maximum contiguous space of 1,500 square feet. This makes it ideal for a variety of businesses, from small startups to established companies seeking flexible and adaptable space. The building's professional subtype caters to businesses requiring a sophisticated and well-maintained environment. Its central downtown location provides excellent visibility and accessibility, benefiting from high foot traffic and proximity to amenities. Interested parties are encouraged to inquire about available space and lease terms. The property's modern design and prime location make it an attractive option for businesses seeking a thriving and convenient location in Sioux Falls.
Property profile
VerifiedCap rate & NOI
Current use
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Atm
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(Bike/Boat/Book/etc) Store Corporate Office
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Law Firm
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Bank Credit Union
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Law Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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