On average, listings lease in the $10's per square foot per year. The Sioux Falls region is seeing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 2% decrease in rent.
In the last 90 days, 101 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available space in the Sioux Falls are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,870 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1990 and are Class A.