Property summary
This exceptional 1,421-square-foot single-tenant office space at 601 S Phillips Avenue offers a prime location in downtown Sioux Falls. Completely renovated in 2019, the property boasts modern amenities including an in-suite restroom and a fully equipped kitchen featuring a refrigerator and dishwasher. The current furniture is negotiable, providing flexibility for the new tenant. Building signage is available, enhancing visibility and brand recognition. Ample parking is provided with seven designated spaces. Security is ensured with 24-hour video surveillance. The property is pet-friendly and fully wheelchair accessible, catering to a diverse workforce. High-speed Midco Business internet is included in the lease, minimizing operational costs. Tenants are responsible for gas and electric utilities. A one-month security deposit is required. This move-in ready space presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office in a vibrant urban setting. The property's modern features, ample parking, and included amenities make it an ideal choice for a variety of professional uses.
Property profile
VerifiedCap rate & NOI
Current use
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Apartment Complex
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Radio Station Telecommunications Service
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Employment Agency
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Marketing & Advertising Advertising Agency
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Marketing & Advertising Advertising Agency
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
Property 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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