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Interstate Crossing Office Investment
5020 S. Broadband Land, Sioux Falls, SD 57108Investment Opportunity
Sale Price
$2,269,000
Price / SF
$220.44
Building Size
10,293 RSF +/-
Site Size
1.78 Acres +/-
Location Highlights
Located within the Interstate Crossing Business Park at the intersection of I-29 and I-229, the property benefits from immediate access to dining, retail, and service amenities, supporting tenant retention and long-term investment stability. The surrounding area is supported by strong traffic counts and proximity to major employment centers including the Avera Health Campus.
Description
- Fully leased, stabilized office investment
- 10,293 SF building currently laid out across two suites
- Current tenants: Sioux Falls Vet Center and Rabo AgriFinance
- Professional floor plans support core office functionality, featuring private offices, conference space, open work areas, break rooms, and common area restrooms
- Recent capital improvements:
- Interior remodel completed in 2020/2021
- New monument signage installed in 2021
- Consistent landscaping
- 59 surface parking stalls
- Zoned Office
- Proforma Cap Rate: 7.16%
- Proforma NOI: $162,469
- RE Taxes: $36,508.02 (2025 Taxes payable in 2026)
- Contact Broker for a copy of the NDA
Usage