South Dakota Industrial

South Dakota

Office Space Market Report

Number of Listings (last 90 days)
248
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
1,000
As of: May 28, 2017

South Dakota Rates

The typical asking rate per listing is in the $10's per square foot per year. The South Dakota submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 4% rise in rent.

South Dakota Listing Supply

In the last 90 days, 248 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the available leases in the South Dakota are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 1,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1993 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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