Sioux Falls Office Space

Sioux Falls

Office Space Market Report

Number of Listings (last 90 days)
93
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
780
As of: May 21, 2017

Sioux Falls Rates

The typical asking rate per listing is in the $10's per square foot per year. The Sioux Falls submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 2% increase 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 3% of the listings in the Sioux Falls 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 780 sqft. Most properties in this market are around 2 floors. Most buildings in this market were built in 1992 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.
Research