Business Opportunity; Office; Land;
Kidman Property
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1417 S Minnesota Ave Sioux Falls, SD
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Property Address
1417 S Minnesota Ave
Sioux Falls, SD
Property Description
This centrally located, one-acre site is offered for sale at $1,550,000. Alternatively, the office building located on the site is offered for lease at $13.00 per square foot gross plus utilities for the 5,840 square feet of main floor space and $8.00 per square foot gross plus utilities for the 3,463 square feet of lower-level space. The landlord is offering a negotiable tenant improvement allowance with a five-year lease. Located on the west side of busy Minnesota Ave., between 22nd and 26th Streets, with daily vehicle traffic of 20,900, this site offers great visibility and access to the lot from Minnesota Avenue, vacated 23rd Street and Spring Avenue. This site offers multiple options for a new owner or tenant from continued use an office building to a one-acre redevelopment opportunity in the heart of growing Sioux Falls, South Dakota.
Property Details
Zoning: | C-2 Commercial & Office (rear) |
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Legal Description: | Tracts A&B Cenrad Addition |
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Asking Rent: | $13.00 per SF (main floor) |
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Tenant Improvement Allowance: | Negotiable with 5 year lease |
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Lease Type: | Gross plus utilities |
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Signage: | Monument & building signage |
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Parking: | Paved, on-site parking lot with 3 access points |
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