Oxbow IV

3817 S. Elmwood Avenue Sioux Falls, SD

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Sale Price: $1,800,000

Building Size: 14,754 sq. ft.

Total Available Space: 14,754 sq. ft.

Suite Size: 14,754 sq. ft.

Property Type: Investment | Office

Year Built: 1990

Property Description

Property Features

  • Building size: 14,754 sq. ft.
  • Lot size: 1.13 acres (on 2 parcels)
  • Year built: 1990
  • Parking ratio: 1:128 (115 spaces)
  • HVAC replaced in 2011
  • New carpet and paint in 2011
  • Sublease thru 9/30/2021 for $9,836/ month
  • One or more owners are licensed Real Estate agents in South Dakota
  • New parking lot - replaced Summer 2020

Price

  • List price: $1,800,000 ($122/ sq. ft.)
  • Lease rate: $9.00/sq. ft. NNN
  • Total 2019 Real Estate Taxes: $26,452.74

Location

  • Located on the corner of W. 49th Street & S. Elmwood Avenue between Western & Kiwanis
  • Within blocks of 41st Street retail corridor
  • Close to Western Mall, Empire & Empire East
  • Neighbors include: Sanford Health Psychology & Psychiatry, NAI Sioux Falls, Solairty
  • 2019 traffic count on 49th Street: 12,900 vehicles per day

Brokers

Troy Fawcett, CCIM, SIOR

President/Principle Broker

Office Phone: (605) 444-7120

Troy is the President/Principle Broker of NAI Sioux Falls and has 17 years experience in the Sioux Falls Commercial real estate market. Troy is very creative and capable, with a deep knowledge of the local market. Troy has achieved both the CCIM and SIOR designations and is committed to learning and networking through these affiliations to the benefit of his clients.

View Troy's Profile