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Jameson Building I 3500 S Phillips Ave 19,804 SF 100% Leased Office Building Sioux Falls, SD 57105 $2,059,706 CAD ($104.00 CAD/SF) 7.54% Cap Rate
INVESTMENT HIGHLIGHTS
- Recent suite updates
- Security: Upgraded access system for after-hours safety
- Interior: Mix of wood and steel stud finishes
- Well maintained
- HVAC: Roof-top units with zone-controlled heating & cooling
- Construction: Prefabricated concrete structure with flat roof and concrete floor separation
EXECUTIVE SUMMARY
Office Space: 19,804 sq. ft. across two stories Lot Size: 43,778 sq. ft. corner lot Access: Two parking lot entrances (West & North) Construction: Prefabricated concrete structure with flat roof and concrete floor separation Interior: Mix of wood and steel stud finishes HVAC: Roof-top units with zone-controlled heating & cooling Security: Upgraded access system for after-hours safety Built in 1978 Well maintained Recent suite updates.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
19,804 SF
Building Class
B
Year Built
1978
Price
$2,059,706 CAD
Price Per SF
$104.00 CAD
Cap Rate
7.54%
NOI
$155,302 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,902 SF
Building FAR
0.45
Lot Size
1.01 AC
Zoning
O-office
Parking
54 Spaces (1.29 Spaces per 1,000 SF Leased)
AMENITIES
- Conferencing Facility
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PROPERTY TAXES
| Parcel Number | 39834 | Improvements Assessment | $1,861,451 CAD |
| Land Assessment | $237,658 CAD | Total Assessment | $2,099,109 CAD |
PROPERTY TAXES
Parcel Number
39834
Land Assessment
$237,658 CAD
Improvements Assessment
$1,861,451 CAD
Total Assessment
$2,099,109 CAD
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Jameson Building I | 3500 S Phillips Ave
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