Office Space - For Lease
401 North Phillips Avenue Sioux Falls, SD 57104
Details & Description
Price: $0
    BUILDING HISTORYAndrew Kuehn built this quartzite building in 1903, located at 6th Street and Phillips Avenue, for a wholesale grocery distribution center. A native of Germany, Kuehn came alone to America in 1870 at age 15. After working his way across the Midwest, he settled in Sioux Falls where he opened the Andrew Kuehn Wholesale Grocery Company. Kuehn and his sons ran the business and the Sioux Falls Coffee and Spice Company until 1930. Afterwards, the building was used for commercial storage. In 1983, the building was converted into office, 23 apartments and commercial space, giving it new life through creative reuse.LOCATIONThis mixed-use building with available commercial space is in an ideal location in downtown Sioux Falls at 6th Street and Phillips Avenue. Area neighbors include Jones 421, Falls Centre, Wiley’s, Albert House, Holiday Inn City Center, Hilton Garden Inn, Cherapa Place, CNA Surety, Arc of Dreams, Levitt Shell, Raven Industries Corporate Headquarters and the Sioux Steel Development.AVAILABILITYMain level: 6,029 sq. ft can be sub dividedLease rate: $15.00/ sq. ft. NNNLower level: 5,255 sq. ft. can be sub dividedLease rate: $10.00/ sq. ft. NNNTotal space available: 11,284 sq. ft.Estimated NNN expenses: $3.50/sq. ft.Tenant improvement allowance: $20.00/sq. ft.Space will be delivered via warm-lit shellSpace will be sub-metered, tenant to pay utilitiesAvailable immediately8 parking spaces available on site at no costAdjacent parking available, contact broker for details
    Listing Agents
    Marcus Mahlen
    NAI - Sioux Falls
    O: 605-444-7116
    M: 605-228-9744
    mmahlen@naisiouxfalls.com
    Dennis Breske
    NAI - Sioux Falls
    O: 605-444-7100
    M: 605-310-6666
    dbreske@naisiouxfalls.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    401 North Phillips Avenue

    Sioux Falls, SD 57104

    Listing ID: 231548
    $10.00 - $15.00   (SF / Year)
    For Lease
    • Property Type Office for Lease : Professional
    • Unit Sq Ft Range 1,462 - 11,284
    • Annual Rate/SF Range $10.00 - 15.00
    • Monthly Price Range $1,218.00 - 14,105.00
    • Service Type NNN
    Description

    BUILDING HISTORY

    Andrew Kuehn built this quartzite building in 1903, located at 6th Street and Phillips Avenue, for a wholesale grocery distribution center. A native of Germany, Kuehn came alone to America in 1870 at age 15. After working his way across the Midwest, he settled in Sioux Falls where he opened the Andrew Kuehn Wholesale Grocery Company. Kuehn and his sons ran the business and the Sioux Falls Coffee and Spice Company until 1930. Afterwards, the building was used for commercial storage. In 1983, the building was converted into office, 23 apartments and commercial space, giving it new life through creative reuse.

    LOCATION

    This mixed-use building with available commercial space is in an ideal location in downtown Sioux Falls at 6th Street and Phillips Avenue. Area neighbors include Jones 421, Falls Centre, Wiley’s, Albert House, Holiday Inn City Center, Hilton Garden Inn, Cherapa Place, CNA Surety, Arc of Dreams, Levitt Shell, Raven Industries Corporate Headquarters and the Sioux Steel Development.

    AVAILABILITY

    Main level: 6,029 sq. ft can be sub divided

    Lease rate: $15.00/ sq. ft. NNN

    Lower level: 5,255 sq. ft. can be sub divided

    Lease rate: $10.00/ sq. ft. NNN

    Total space available: 11,284 sq. ft.

    Estimated NNN expenses: $3.50/sq. ft.

    Tenant improvement allowance: $20.00/sq. ft.

    Space will be delivered via warm-lit shell

    Space will be sub-metered, tenant to pay utilities

    Available immediately

    8 parking spaces available on site at no cost

    Adjacent parking available, contact broker for details

    Attachments & Files

    Listing Demographics for 401 North Phillips Avenue Sioux Falls, SD 57104

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population15,81574,824147,352
    Population Median Age353637
    Population by Age0-9 Yrs2039 (12%)9703 (12%)20141 (13%)
    10-19 Yrs1877 (11%)9491 (12%)19202 (13%)
    20-29 Yrs3208 (20%)13378 (17%)22927 (15%)
    30-39 Yrs2818 (17%)11895 (15%)21811 (14%)
    40-49 Yrs1568 (9%)7704 (10%)16282 (11%)
    50-59 Yrs2005 (12%)9356 (12%)18325 (12%)
    60-69 Yrs1119 (7%)7291 (9%)15821 (10%)
    70+ Yrs1180 (7%)6007 (8%)12842 (8%)
    Median HH Income$37,775$48,576$56,046
    Total Household Income< 24K1993 (29%)7120 (22%)11524 (18%)
    25-49K2242 (33%)9252 (29%)15721 (25%)
    50-74K1196 (17%)6334 (19%)11684 (19%)
    75-99K679 (10%)4071 (12%)8358 (13%)
    100-199K521 (7%)4168 (13%)11468 (18%)
    200K+103 (1%)873 (2%)2696 (4%)
    Highest Education LevelNo Diploma169554728414
    Diploma or GED29501486625478
    Some College21691058920704
    Assoc. Degree945468310373
    Bachelors Degree1618913221774
    Higher Degree851447610455
    Total Housing Units7,60435,02565,618
    --Owner-Occupied2,13916,45735,470
    --Renter-Occupied4,59515,36125,979
    Owner-Occupied Values< 100K92333225067
    100-199K1004949915557
    200-299K17723488993
    300-399K236323366
    400-499K123361218
    500K+03201270
    Total Working Age Population12,72959,610115,499
    In Work Force8,73642,79483,766
    Not In Work Force3,99316,81631,732
    Workforce Employed8,11041,02680,797
    Workforce Unemployed5931,6882,832
    Civlian Workforce8,70342,71383,629
    Military Workforce3381137
    Total Households6,73431,81861,450
    Family Households2,92616,79835,619
    Non-Family Households3,80815,02025,830
    Married Couple2,04211,07126,012
    Other Family8855,7279,607
    Married w/Child9654,33310,497
    Single Male w/Child1689351,479
    Single Female w/Child4192,7744,887

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    South Dakota754,844+8814,180+9889,447+7951,885
    Lincoln County24,131+8644,828+3962,170+2778,966
    Minnehaha County148,281+14169,468+12190,105+8205,960

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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