Downtown Sioux Falls Sublease

Downtown Sioux Falls

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,320
As of: February 20, 2017

Downtown Sioux Falls Rates

On average, listings lease in the $20'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 rose $1 per sqft per year. That's a 3% increase in rent.

Downtown Sioux Falls Listing Supply

In the last 90 days, 7 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,320 sqft. Most buildings in this market are around 3 stories. Most buildings in this area were built in 1935 and are Class A.

Downtown Sioux Falls Community

A large portion of this area is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. Most of the folk 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.

Market Report

Trends and status of the commercial real estate market in Downtown Sioux Falls.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Sioux Falls.
Research