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Interstate Crossing Office Investment

5020 S. Broadband Land, Sioux Falls, SD 57108
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Investment 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
Jordan Rieffenberger, CCIM, SIOR
Jordan Rieffenberger, CCIM, SIOR
Director of Commercial Real Estate & Responsible Broker | 605.275.4258
Raquel Blount, SIOR
Raquel Blount, SIOR
Vice President of Commercial Real Estate & Broker Associate | 605.728.9092

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