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7511 S Louise Avenue Office – Investment Property

7511 S Louise Avenue, Sioux Falls, SD 57108
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Investment Property - Office Building

Building Size
7,000 SF +/-
Sale Price
$1,500,000
Location Highlights
Lloyd Companies is excited to offer a valuable opportunity for an investor to acquire a prime office property located in southwest Sioux Falls, South Dakota. This property boasts an exceptional location and a range of attractive features that make it an excellent investment opportunity. This development is a sought-after location for businesses, in one of the fastest-growing areas of Sioux Falls. The area is known for its thriving business community and a strong economy, making it an ideal location for office users. This property is conveniently located near shopping, dining, and other amenities. It also offers easy access to both I-229 and I-29.
Description
  • Address: 7511 S Louise Avenue, Sioux Falls, SD 57108
  • Pricing: $1,500,000
  • Year Built: 2004 (Interior Fully Renovated in 2019)
  • Total Building Size: 7,000 SF +/-
  • Site Size: 0.70 Acres +/- (30,621 SF+/-)
  • Price / SF: $214.13
  • Cap Rate: 6.53%
  • Parking: 40 total spaces
  • Real Estate Taxes: $16,759.22 (2022 Taxes payable in 2023)
  • Zoning: Office
Usage
Raquel Blount, SIOR
Raquel Blount, SIOR
Vice President of Commercial Real Estate & Broker Associate | 605.728.9092
Jordan Rieffenberger, CCIM, SIOR
Jordan Rieffenberger, CCIM, SIOR
Director of Commercial Real Estate & Responsible Broker | 605.275.4258

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