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29836099
29836109

1409 North K Avenue, Sioux Falls, SD, USA, Sioux Falls, SD 57104 For Sale

KZ
SD SD 11941, MN MN 81579
Lloyd Companies
Listed by Lloyd Companies
$1,950,000
Updated 54 days ago

Caballo Industrial

Details
Property Type Industrial
Sub Type Distribution, Flex (+1)
Square Footage 15,760
Units 2
Tenancy Vacant
Lease Type NNN
Price per SqFt $124
Class B
Year Built 1969
Year Renovated 2003
Buildings 2
Stories 1
Acreage 4.040
Zoning L-1
Investment Type Owner/User

Owner-Occupant Industrial Opportunity

Marketing description

Opportunity to purchase an industrial property within the Airport Industrial Park in central Sioux Falls, just north of Russell Street. Russell Street serves as a primary east-west transportation route supporting semi and distribution traffic, with direct access to Downtown Sioux Falls and FSD Regional Airport. The surrounding corridor is anchored by established users including Prairie Farms, Runnings Distribution, and the SD Air National Guard. The offering includes two industrial buildings with dedicated office space, and fenced outdoor yard space. The property offers immediate income with a portion of the land currently leased to a good credit tenant through 2027; which may be assumed by the buyer.

Investment highlights

  • Building 'A' offers a flex setting with 2 private offices, open work area, restrooms, and a dedicated shop area complete with floor drainage, a utility sink, exhaust fans, forced air/heat, and in-floor oil drain pits

    • 3 OH doors across the shops

    • 3-Phase Power

    • Extra Reznor heaters in the shops

    • Multiple entrances to each shop

    • Sidewall range: 9'02" - 11'06"

    • Clear heights range: 10'05" - 13'08"

  • Building 'B' is a fully insulated open storage building with 1 OH door

    • Fully sprinkled building with a modern fires.

    • Entrance from the parking lot or the fenced yard space

    • Sidewalls: 12'04"

    • Clear height: 16'11"

  • Outdoor fenced yard space

  • Active on-site rail spur with connectivity to the BNSF Railway network

  • BNSF Railway Easement through property

  • Offers immediate income with a portion of the land leased to a good credit tenant through 2027; which may be assumed by the buyer

  • New LED lighting throughout the buildings

  • Exterior building lights

  • Building signage opportunities

  • Ample surface parking stalls with room to expand

  • Available for immediate occupancy

  • Zoned: L-1 (Light Industrial)

  • RE Taxes: $21,628.00 (2025 Taxes payable in 2026)

  • Nearby amenities include the Sioux Falls Regional Airport, Elmwood Golf Course, Crooked Pint Ale House, Casey's, Burger King, Great Shots, multiple hotels, and a short drive to Downtown Sioux Falls' dining, entertainment, and business core

Listing Contacts

KZ
SD SD 11941, MN MN 81579
Lloyd Companies
Listed by Lloyd Companies

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Additional Information

Name
Kristen Zueger
License
SD 11941
Brokerage Phone
6053761903
Title
SD
Brokerage Address
150 East 4th Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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