South Dakota Industrial

South Dakota

Office Space Market Report

Number of Listings (last 90 days)
251
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,880
As of: February 24, 2017

South Dakota Rates

On average, listings lease in the $10's per square foot per year. The South Dakota submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 7% decrease in rent.

South Dakota Listing Supply

In the last 90 days, 256 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the office spaces in the South Dakota are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this region were built in 1991 and are Class A.

South Dakota Community

Market Report

Trends and status of the commercial real estate market in South Dakota.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Dakota.
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