Office Space
5116-5120 South Solberg Avenue Sioux Falls, SD 57108
Details & Description
Price: $3,362,000
    Property Highlights
    Additional Photos
    Listing Agents
    Dennis Breske

    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.

    5116-5120 South Solberg Avenue

    Sioux Falls, SD 57108

    Listing ID: 310349
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    Building Size: 15,480 SF
    Lot Size: 1.600 AC
    Land Size: 69,696 SF
    Building $/SF: $217.18
    Land $/SF: $48.24
    Price
    $3,362,000
    Property Highlights
    Modern finish office space with mix of private offices and open work areas
    Year built: 2004
    Holmes Murphy will be relocating by January 2024
    East suite could also be vacant spring 2024
    Seller will provide $50,000 allowance for parking lot and retaining wall repairs
    Real Estate Taxes: $35,916.72
    Lot Size: 1.6 AC
    Listing agent will need to coordinate with existing tenants for property tours. Please provide at least 24 hours notice

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    Sioux Falls History of Office Space for Sale

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    Sioux Falls Area Market Trends

    Listing Demographics for 5116-5120 South Solberg Avenue Sioux Falls, SD 57108

    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 Population9,28465,746134,247
    Population Median Age383636
    Population by Age0-9 Yrs1272 (13%)9307 (14%)18888 (14%)
    10-19 Yrs683 (7%)8494 (12%)17771 (13%)
    20-29 Yrs1936 (20%)10379 (15%)20012 (14%)
    30-39 Yrs1600 (17%)10715 (16%)21732 (16%)
    40-49 Yrs774 (8%)7227 (10%)15402 (11%)
    50-59 Yrs830 (8%)7168 (10%)15279 (11%)
    60-69 Yrs1050 (11%)6730 (10%)13814 (10%)
    70+ Yrs1139 (12%)5728 (8%)11347 (8%)
    Median HH Income$50,122$65,905$63,112
    Total Household Income< 24K785 (17%)3718 (14%)8453 (15%)
    25-49K1477 (32%)6045 (22%)12914 (23%)
    50-74K926 (20%)5099 (19%)10893 (19%)
    75-99K485 (10%)3877 (14%)7952 (14%)
    100-199K771 (16%)6012 (22%)12139 (21%)
    200K+92 (2%)1707 (6%)2865 (5%)
    Highest Education LevelNo Diploma26219334807
    Diploma or GED1614938920945
    Some College1493902617820
    Assoc. Degree879601611187
    Bachelors Degree15121111022188
    Higher Degree869551311116
    Total Housing Units4,66227,64758,608
    --Owner-Occupied1,75915,87732,983
    --Renter-Occupied2,77710,58222,233
    Owner-Occupied Values< 100K14711033505
    100-199K746556311489
    200-299K681528710227
    300-399K8217913786
    400-499K258551899
    500K+7712772075
    Total Working Age Population7,60451,387104,755
    In Work Force5,33238,05977,790
    Not In Work Force2,27213,32826,964
    Workforce Employed5,16636,83575,311
    Workforce Unemployed1661,1642,319
    Civlian Workforce5,33238,00077,630
    Military Workforce059160
    Total Households4,53626,45855,216
    Family Households1,97516,32832,412
    Non-Family Households2,56110,13022,803
    Married Couple1,46412,66324,556
    Other Family5113,6657,857
    Married w/Child7005,91311,101
    Single Male w/Child505161,119
    Single Female w/Child1851,8773,991

    Population Change Last Two Decades - Plus Projection

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

    Total Working Age Population:

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    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.

    Common Questions and Answers

    What is the asking price for 5116-5120 South Solberg Avenue in Sioux Falls?
    The asking price for 5116-5120 South Solberg Avenue is $3,362,000
    What is the building size of this Office property in Sioux Falls, SD?
    The size of the building/unit at 5116-5120 South Solberg Avenue in Sioux Falls is 15,480 square feet
    How much land does the Sioux Falls, SD property at 5116-5120 South Solberg Avenue include?
    5116-5120 South Solberg Avenue in Sioux Falls includes 1.600 acres of land
    What kind of Office is the propery at 5116-5120 South Solberg Avenue?
    The property at 5116-5120 South Solberg Avenue Sioux Falls, SD 57108 is listed as a Professional Office property
    What is the population within 1 mile of 5116-5120 South Solberg Avenue in Sioux Falls?
    The population within 1 mile of 5116-5120 South Solberg Avenue Sioux Falls, SD 57108 is 9,284 people.
    Who do I contact for questions about 5116-5120 South Solberg Avenue?
    You should contact the listing agent, Dennis Breske, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Sioux Gateway Airport / Brigadier General Bud Day Field (SUX) 79
    Eppley Airfield (OMA) 158
    Minneapolis-St Paul International (Wold-Chamberlain Airport) (MSP) 200