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.
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.