Sioux Falls Retail

Sioux Falls

Office Space Market Report

Number of Listings (last 90 days)
93
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,430
As of: August 16, 2017

Sioux Falls Rates

Most listings are in the $10's per square foot per year. The Sioux Falls region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 7% decline 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 116% of the office spaces in the Sioux Falls are subleases, so you might be able to find a shorter term or below market rent. 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 1,430 sqft. Most properties in this region are around 2 stories. Most buildings in this market 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.
Research