Most listings are in the $0's per square foot per year. The Downtown Sioux Falls region is experiencing a decline in rates. In the last 3 months, the median rate decreased $22 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 6 listings have come on the market, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1935 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Manufacturing is the dominant industry in this market. 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.