Sioux Falls Industrial

Sioux Falls

Office Space Market Report

Number of Listings (last 90 days)
93
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,440
As of: July 25, 2017

Sioux Falls Rates

Most listings are in the $10's per square foot per year. The Sioux Falls submarket is seeing 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.

Sioux Falls Listing Supply

In the last 90 days, 93 listings have come on the market, so you'll want to check back regularly for new listings. About 112% of the office spaces in the Sioux Falls are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,440 sqft. Most properties in this market are approximately 2 floors. Most buildings in this region were built in 1993 and are Class A.

Sioux Falls Community

Market Report

Trends and status of the commercial real estate market in Sioux Falls.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Sioux Falls.
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