Most listings are in the $10's per square foot per year. The Downtown Sioux Falls submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $19 per sqft per year.
In the last 90 days, 6 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 433% of the available space in the Downtown Sioux Falls are subleases, so you might be able to snag a great spot on a short term. 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 buildings in this region are around 3 stories. Most buildings in this market were built in 1943 and are Class A.
This region is fairly equally mixed residential and commercial. Manufacturing is the dominant industry in this region. Most of the occupants of Downtown Sioux Falls work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.