701 60Th StSioux Falls, SD 57104

For Sale
$7,381,680

Prime Office Space, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 123,028 square foot Class B executive office building in Sioux Falls, South Dakota, presents a compelling investment opportunity. Located at 701 East 60th St N, this two-story building sits on a 15-acre lot and boasts 90% occupancy. The property features 110,725 square feet of net rentable space, currently configured as open plan, call center, and office areas, but adaptable for various uses including data center, industrial, or self-storage. The building includes 563 parking spaces, two dock doors, one freight and one passenger elevator, and a 9-foot finished ceiling height. Structural features include a raised floor system (16"), 30' column spacing, and slab-to-slab heights of 12'4" on the first floor and 14'10" on the second. The building is equipped with a wet sprinkler system, a 500 KVA Powerware 9315 UPS system covering critical systems with Enerys Wet Calls batteries, and a 1375 KVA Caterpillar 3512 generator powering the entire building for 3.5 days at full load. HVAC is a condenser water system with heat pumps and CRAC units by Liebert. The building has a 2-megawatt electric capacity and 10,000 gallons of fuel storage in underground tanks within a cement vault. Exterior finishes include tilt-up concrete and a slab-on-grade foundation with a tar and gravel roof. The property is zoned I-1. Asking price is $7,381,680 ($60/sq ft). Built in 1981.

Property Details for 701 60Th St

Property type
Other office properties, Office properties
Square Feet
123,028 SF
Class
B
Year Built
1981
Stories
2
Lot Size (sq. ft)
653,400 SF

Location Insight

City
Sioux Falls
County
Minnehaha
State
South Dakota
Latitude
43.5996153
Longitude
-96.7186283
701 60Th St, Sioux Falls, South Dakota

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701 60Th St
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