3900 W 53rd St
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3900 W 53rd St
12,908 SF 100% Leased Office Building Sioux Falls, SD 57106 $1,495,000 ($116/SF)
Investment Highlights
- Separable into two units, 3900 W 53rd Street is a well-maintained property fully equipped to be leased or occupied by new ownership in Sioux Falls.
- Area neighbors include Fiserv, Tak Communications, Norman Engineering & Surveying, West Plains Engineering, and Target Card Services.
- 3900 W 53rd Street is near numerous local amenities, including restaurants, retailers, services, and Sertoma Park, a local nature destination.
- This dynamic property is set for new, long-term business, recently upgraded with LED parking lights, a freshly paved lot, and an AC unit.
- Sitting alongside a 26,000-square-foot lot, future development is an option for expansion and a separate commercial endeavor.
- Commuting for visitors and tenants is a breeze with access to Interstate 229, connecting major roadways like Interstates 29, 298, and 90.
Executive Summary
Introducing a prime commercial opportunity at 3900 W 53rd Street in Sioux Falls, this standalone office building has been meticulously maintained since construction in 1991. With the potential for a complete building takeover or divisibility for a multi-tenant build-out, this dynamic property is tailored to fit business needs.
With furniture and fixtures included, as well as a conveyor and related equipment, 3900 W 53rd Street facilitates a seamless transition for prospective owners. Recent upgrades, including a new AC unit installed in 2023 and state-of-the-art LED parking lot lights, ensure optimal comfort and safety for employees and visitors alike. I-1 zoning offers versatile usage options to suit various business needs, and an adjacent 26,000-square-foot lot offers the potential for expansion or a separate development endeavor.
Situated on the northeast corner of Technology Drive and W 53rd Street, this ideal location boasts a prestigious corporate neighborhood that is home to companies like Fiserv, Tak Communications, and Norman Engineering & Surveying. 3900 W 53rd Street enjoys its proximity to local amenities, such as the Village on Louise shopping center, offering ample restaurants, retailers, and services, as well as Sertoma Park, a local open-air nature park with a butterfly house and an aquarium.
Commuting convenience is ensured with swift access to Interstate 229, seamlessly connecting to major thoroughfares like Interstate 29, Interstate 298, and Interstate 90. Moreover, the Sioux Falls Regional Airport (FSD) lies less than 9 miles away, boasting effortless connectivity for tenants and visitors. Take advantage of this unparalleled opportunity in Sioux Falls' burgeoning commercial landscape.
With furniture and fixtures included, as well as a conveyor and related equipment, 3900 W 53rd Street facilitates a seamless transition for prospective owners. Recent upgrades, including a new AC unit installed in 2023 and state-of-the-art LED parking lot lights, ensure optimal comfort and safety for employees and visitors alike. I-1 zoning offers versatile usage options to suit various business needs, and an adjacent 26,000-square-foot lot offers the potential for expansion or a separate development endeavor.
Situated on the northeast corner of Technology Drive and W 53rd Street, this ideal location boasts a prestigious corporate neighborhood that is home to companies like Fiserv, Tak Communications, and Norman Engineering & Surveying. 3900 W 53rd Street enjoys its proximity to local amenities, such as the Village on Louise shopping center, offering ample restaurants, retailers, and services, as well as Sertoma Park, a local open-air nature park with a butterfly house and an aquarium.
Commuting convenience is ensured with swift access to Interstate 229, seamlessly connecting to major thoroughfares like Interstate 29, Interstate 298, and Interstate 90. Moreover, the Sioux Falls Regional Airport (FSD) lies less than 9 miles away, boasting effortless connectivity for tenants and visitors. Take advantage of this unparalleled opportunity in Sioux Falls' burgeoning commercial landscape.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
12,908 SF
Building Class
B
Year Built
1991
Price
$1,495,000
Price Per SF
$116
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,454 SF
Building FAR
0.18
Lot Size
1.62 AC
Zoning
I-1 - LIGHT INDUSTRIAL DISTRICT
Parking
59 Spaces (4.5 Spaces per 1,000 SF Leased)
Amenities
- Conferencing Facility
- Signage
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DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
2020 Population
8,444
79,773
156,629
2024 Population
8,888
82,075
167,506
Population Growth '20-'24
5.3%
2.9%
6.9%
2020 Households
4,648
32,827
64,059
2024 Households
4,906
33,905
68,827
Household Growth '20-'24
5.6%
3.3%
7.4%
Average Age
42
38
38
Median Household Income
$43,073
$74,771
$73,001
Daytime Employees
16,404
54,406
107,780
Total Businesses
1,446
6,724
11,787
College Degree + Higher
29%
36%
35%
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Great Harvest Bread Company | - | - | 6 min walk |
| Teriyaki Madness | Asian | - | 7 min walk |
| Jersey Mike's Subs | - | - | 8 min walk |
| QDOBA | - | - | 8 min walk |
| Starbucks | Cafe | $ | 10 min walk |
Retail |
||
|---|---|---|
| State Farm | Insurance | 7 min walk |
| Sherwin-Williams | Paint/Wallpaper | 9 min walk |
| Massage Envy | Massage | 9 min walk |
| Hy-Vee | Supermarket | 10 min walk |
| U.S. Bank | Bank | 12 min walk |
Hotels |
|
|---|---|
| Hilton Garden Inn |
103 rooms
4 min drive
|
| Residence Inn |
66 rooms
4 min drive
|
| Courtyard |
102 rooms
4 min drive
|
| Homewood Suites by Hilton |
95 rooms
4 min drive
|
| SpringHill Suites |
84 rooms
5 min drive
|
PROPERTY TAXES
| Parcel Number | 59119 | Improvements Assessment | $32,700 |
| Land Assessment | $405,100 | Total Assessment | $437,800 |
PROPERTY TAXES
Parcel Number
59119
Land Assessment
$405,100
Improvements Assessment
$32,700
Total Assessment
$437,800
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Presented by
BGTG Properties, LLC
3900 W 53rd St
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