Sioux Falls Retail

Sioux Falls

Office Space Market Report

Number of Listings (last 90 days)
75
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,960
As of: December 2, 2016

Sioux Falls Rates

On average, listings lease in the $10's per square foot per year. The Sioux Falls region is experiencing a an increase in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 13% rise in rent.

Sioux Falls Listing Supply

In the last 90 days, 75 listings have been posted online, so you'll want to check back regularly for new listings. About 4% of the office spaces 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 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this area were built in 1990 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