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Wheatgrass Trade Center – Investment Property

6809 S Minnesota Avenue, Suite 202 & 203, Sioux Falls, SD 57108

Investment Property - Office Condo

Total Condo Size
2,202 SF +/-
Suite 202 Size
1,155 SF
Suite 203
1,047 SF+
Sale Price
$420,000
Location Highlights
Lloyd Companies is excited to offer a valuable opportunity for an investor to acquire a prime office property located in south 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 area amenities. It also offers easy access to both I-229 and future Veterans Parkway.
Description
  • Address: 6809 S Minnesota Ave, Suite 202 & 203, Sioux Falls, SD 57108
  • Year Built: 2006
  • Condo Size: Suite 202: 1,155 SF +/- Suite 203: 1,047 SF+/- Total Condo Size: 2,202 SF +/-
  • Site Size: 0.16 Acres (7,806 SF+/-)
  • Price / SF: $190.74
  • Suite 202 & 203 could be combined in the future to be one large suite
  • Proforma Cap Rate: 7.00%
  • Parking: 30 total spaces on-site
  • Real Estate Taxes: $6,338.38 (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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