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29562049
29562048

5020 S Broadband Ln, Sioux Falls, SD 57108

Lloyd Companies
RB
SD 11811
Lloyd Companies
Listed by Lloyd Companies
$2,269,000
122 days on market
Updated 30 days ago

Interstate Crossing Office Investment

Details
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 10,293
Units 2
Occupancy 100%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 7.16%
Pro-Forma NOI $162,469
Price per SqFt $220
Class A
Year Built 2004
Year Renovated 2021
Acreage 1.780
Zoning Office
Investment Type Stabilized
Ground Lease No

Interstate Crossing Office Investment | 10,293 SqFt

Marketing description

Lloyd Companies is proud to present a fully leased office building available for sale as a stabilized investment opportunity within the Interstate Crossing Business Park in Sioux Falls, South Dakota. The 10,293 SF +/- building is 100% occupied by two established tenants, Sioux Falls Vet Center and Rabo AgriFinance, providing reliable income in place.

Investment highlights

  • 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

Listing Contacts

Lloyd Companies
RB
SD 11811
Lloyd Companies
Listed by Lloyd Companies

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Additional Information

Name
Jordan Rieffenberger, CCIM
License
SD 14932
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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