Catylist Listing ID: 30333590
Property Subtypes: Executive Suites, Institutional, Flex Space, Net Leased, Office Building
Building Size (RSF): 85,194 SF
Gross Land Area: 25,161 SF
Sale Price: $17,900,000
Unit Price: $210.11 PSF
Property Use Type: Investment
Building Name: The Plaza
Class of Space: Class A
Usable Size (USF): 75,716 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2018

Overview / Comments

Five story office building in the heart of downtown Sioux Falls. This investment property would be a welcome addition to any portfolio. The building is connected to a public parking ramp via a breezeway. Brewery and restaurant tenant spaces on the first floor have direct access to outdoor patios. Building has a back up generator.

Attachments & Media

Additional Details

Nearest MSA: Sioux Falls
County: Minnehaha
Zoning: DOWNTOWN PUD
Property Visibility: Excellent
Airports: Sioux Falls Regional Airport
Total Number of Buildings: 1
Number of Stories: 5
Typical SF / Floor: 11,966 SF
Year Built: 1982
Year Renovated: 2014
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Modern block with state of the art windows.
Parking Type: Surface, Other
Parking Description: Connected to public parking via breezeway
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,396 91,091 156,061
Median Age: 34.54 36.09 35.43
Households: 7,731 38,107 62,411
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