Pioneer Square Presented by Lloyd Companies 140 N ......Population (Cont.) 1-mi. 3-mi. 5-mi. 2000 Not Hispanic: White alone 13,557 65,616 111,292 2000 Not Hispanic: Black or African

Pioneer Square Presented by

Lloyd Companies

140 N. Phillips Avenue, Sioux Falls, SD 57104

http://www.crelisting.net/Hti2rrI5Q/?StepID=107

mailto:[email protected]



















Property Details

Price:

n

n

n

n

n

n

View the full listing here: http://www.crelisting.net/Hti2rrI5Q/?StepID=107

Dynamic space overlooking the river with eastern exposure. Building will be completely remodeled and modernized to accommodate the latest technology while being set in an atmosphere of community, coupled with classy buildouts and superb visibility. Outdoor exposure in viewing the East Bank with stylish decks complementing the amenities of the surrounding area. This property will be as brand new on one of the few sites remaining on the river. Generous buildout allowance of $40.00 per square foot. There is a load factor of approximately of $2.00 per square. We are currently entertaining Letters of Intent to reserve space for occupancy in 2015.

$13.50 - $15 /SF/Year

Located Directly on the West Bank of the River

This location is a great tie in from Phillips Ave & 10th Street to the Falls

Goal is to create community and synergy in the tenant mix.

This is a splendid restaurant opportunity

Plenty of exposure and access

Located adjacent to Pioneer Park

:Total Space Available 43,659 SF

:Rental Rate $13.50 - $15 /SF/Year

:Min. Divisible 2,500 SF

:Max. Contiguous 12,000 SF

:Property Type Office

:Property Sub-type Office Building

:Building Size 53,950 SF

:Building Class A

:Lot Size 15,600 SF

Pioneer Square 140 N. Phillips Avenue, Sioux Falls, SD 57104


Listing spaces

Space 1

:Space Available 9,956 SF

:Rental Rate $13.50 /SF/Year

:Space / Lot Type Office Building

:Additional Space / Lot Types Street Retail,Restaurant



:Lease Type NNN

:Date Available Aug 2015

:Lease Term 60 Months

:No. Parking Spaces 27

:Pct. Procurement Fee 2.00%

Excellent location for office, retail, restaurant, and 1st class professional use. Remodel will include new windows,exterior, outdoor decks and heated indoor parking. Reap the benefits of being surrounded on 3 corners by 3 top notch hotels.

Pioneer Square140 N. Phillips Avenue, Sioux Falls, SD 57104

Space 2


:Rental Rate $14 /SF/Year




:Lease Type NNN

:Date Available Sep 2015


This setting is unequaled in respect to the view and the outdoor exposure that a deck can bring to a business/office atmosphere. New 1st class buildouts with the latest in technological advances.

Space 3


:Rental Rate $14.50 /SF/Year




:Lease Type NNN




Listing spaces

Space 4


:Rental Rate $15 /SF/Year




:Lease Type NNN




Pioneer Square140 N. Phillips Avenue, Sioux Falls, SD 57104

Location

Location Description

This Property is located at the corner of 8th Street and Phillips Ave in downtown Sioux Fall, SD. Directly situated on West Bank of the River, overlooking the East Bank with a splendid view of the city. On site heated parking below ground, 1st tenants will be assured of parking preferences. Our many veranda's and decking features will allow you to enjoy the morning east sun as you set the stage for the day and encourage community with associates in the shade as the business day comes to a close. This setting and opportunity is seldom available.


Property Photos

140 N Phillips Avenue East Side of Pioneer Square


Property Photos

Remodeled Lobby Restaurant Entrance


Property Photos

Looking East from 4th Floor Looking North from 4th Floor


Market Trends

Jul 14 vs. 3 mo. prior

Y-O-Y

— State $87 -1.8% -15.4%

Jul 14 vs. 3 mo. prior

Y-O-Y

— Metro $12.37 +1.5% +0.9%

— State $12.19 +0.7% -1.3%

— County $12.03 +1.8% +2.3%

— City $12.72 +0.7% +0.8%


Demographics

Population 1-mi. 3-mi. 5-mi.

2013 Male Population 8,548 38,744 73,237

2013 Female Population 7,951 37,355 74,178

% 2013 Male Population 51.81% 50.91% 49.68%

% 2013 Female Population 48.19% 49.09% 50.32%

2013 Total Population: Adult 13,011 59,391 111,755

2013 Total Daytime Population 32,403 115,891 189,310

2013 Total Employees 24,621 80,364 120,238

2013 Total Population: Median Age 34 34 35

2013 Total Population: Adult Median Age 43 44 45

2013 Total population: Under 5 years 1,229 5,504 11,178

2013 Total population: 5 to 9 years 920 4,471 9,820



2013 Total population: 20 to 24 years 1,481 7,378 11,894









Demographics

Population (Cont.) 1-mi. 3-mi. 5-mi.






2013 Total population: 85 years and over 552 1,468 2,807

% 2013 Total population: Under 5 years 7.45% 7.23% 7.58%

% 2013 Total population: 5 to 9 years 5.58% 5.88% 6.66%















Demographics




% 2013 Total population: 85 years and over 3.35% 1.93% 1.90%

2013 White alone 12,033 61,610 127,352

2013 Black or African American alone 1,289 5,049 6,507

2013 American Indian and Alaska Native alone 1,441 3,403 4,143

2013 Asian alone 304 1,450 2,644

2013 Native Hawaiian and OPI alone 15 92 124

2013 Some Other Race alone 745 2,182 3,006

2013 Two or More Races alone 672 2,313 3,639

2013 Hispanic 1,518 4,623 6,685

2013 Not Hispanic 14,981 71,476 140,730

% 2013 White alone 72.93% 80.96% 86.39%

% 2013 Black or African American alone 7.81% 6.63% 4.41%

% 2013 American Indian and Alaska Native alone 8.73% 4.47% 2.81%

% 2013 Asian alone 1.84% 1.91% 1.79%

% 2013 Native Hawaiian and OPI alone 0.09% 0.12% 0.08%

% 2013 Some Other Race alone 4.52% 2.87% 2.04%

% 2013 Two or More Races alone 4.07% 3.04% 2.47%

% 2013 Hispanic 9.20% 6.07% 4.53%

% 2013 Not Hispanic 90.80% 93.93% 95.47%


Demographics


2000 Not Hispanic: White alone 13,557 65,616 111,292

2000 Not Hispanic: Black or African American alone 553 1,771 2,169

2000 Not Hispanic: American Indian and Alaska Native alone 820 2,168 2,548

2000 Not Hispanic: Asian alone 261 939 1,441

2000 Not Hispanic: Native Hawaiian and OPI alone 12 36 46

2000 Not Hispanic: Some Other Race alone 28 80 93

2000 Not Hispanic: Two or More Races 409 1,326 1,797

% 2000 Not Hispanic: White alone 81.09% 88.18% 90.90%

% 2000 Not Hispanic: Black or African American alone 3.31% 2.38% 1.77%

% 2000 Not Hispanic: American Indian and Alaska Native alone 4.90% 2.91% 2.08%

% 2000 Not Hispanic: Asian alone 1.56% 1.26% 1.18%

% 2000 Not Hispanic: Native Hawaiian and OPI alone 0.07% 0.05% 0.04%

% 2000 Not Hispanic: Some Other Race alone 0.17% 0.11% 0.08%

% 2000 Not Hispanic: Two or More Races 2.45% 1.78% 1.47%

Population Change 1-mi. 3-mi. 5-mi.

Total: Employees (NAICS) n/a n/a n/a

Total: Establishements (NAICS) n/a n/a n/a


Demographics

Population Change (Cont.) 1-mi. 3-mi. 5-mi.

2013 Total Population 16,499 76,099 147,415

2013 Households 7,076 30,380 57,925

Population Change 2010-2013 264 1,839 7,616

Household Change 2010-2013 -15 101 1,551

% Population Change 2010-2013 1.63% 2.48% 5.45%

% Household Change 2010-2013 -0.21% 0.33% 2.75%

Population Change 2000-2013 -220 1,691 24,976

Household Change 2000-2013 -480 -291 8,673

% Population Change 2000 to 2013 -1.32% 2.27% 20.40%

% Household Change 2000 to 2013 -6.35% -0.95% 17.61%

Housing 1-mi. 3-mi. 5-mi.

2000 Housing Units 8,130 32,083 51,200

2000 Occupied Housing Units 7,556 30,671 49,252

2000 Owner Occupied Housing Units 2,654 17,358 29,838

2000 Renter Occupied Housing Units 4,902 13,313 19,414

2000 Vacant Housings Units 574 1,412 1,948

% 2000 Occupied Housing Units 92.94% 95.60% 96.20%


Demographics

Housing (Cont.) 1-mi. 3-mi. 5-mi.

% 2000 Owner occupied housing units 35.12% 56.59% 60.58%

% 2000 Renter occupied housing units 64.88% 43.41% 39.42%

% 2000 Vacant housing units 7.06% 4.40% 3.80%

Income 1-mi. 3-mi. 5-mi.

2013 Household Income: Median $32,036 $42,426 $51,233

2013 Household Income: Average $39,343 $54,564 $64,944

2013 Per Capita Income $18,433 $23,462 $26,618

2013 Household income: Less than $10,000 980 2,391 3,485

2013 Household income: $10,000 to $14,999 515 1,841 3,212












2013 Household income: $125,000 to $149,999 20 666 1,992

2013 Household income: $150,000 to $199,999 35 575 1,985


Demographics

Income (Cont.) 1-mi. 3-mi. 5-mi.

2013 Household income: $200,000 or more 24 679 2,031

% 2013 Household income: Less than $10,000 13.85% 7.87% 6.02%

% 2013 Household income: $10,000 to $14,999 7.28% 6.06% 5.55%














% 2013 Household income: $200,000 or more 0.34% 2.24% 3.51%

Retail Sales Volume 1-mi. 3-mi. 5-mi.

2013 Childrens/Infants clothing stores $2,049,025 $9,223,017 $16,901,635

2013 Jewelry stores $1,247,173 $4,966,573 $9,377,099

2013 Mens clothing stores $2,680,511 $8,952,348 $16,233,704

2013 Shoe stores $2,084,351 $8,255,766 $15,683,534


Demographics

Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.

2013 Womens clothing stores $4,255,180 $15,228,703 $28,622,421

2013 Automobile dealers $26,788,670 $113,157,546 $207,136,179

2013 Automotive parts and accessories stores $5,767,670 $25,446,868 $45,645,504

2013 Other motor vehicle dealers $1,199,027 $5,492,108 $10,251,477

2013 Tire dealers $2,589,972 $11,419,958 $20,944,435

2013 Hardware stores $29,276 $162,785 $334,061

2013 Home centers $440,217 $1,941,668 $3,809,928

2013 Nursery and garden centers $664,254 $2,775,461 $5,153,823

2013 Outdoor power equipment stores $815,825 $3,346,953 $6,301,596

2013 Paint andwallpaper stores $43,025 $189,810 $371,311

2013 Appliance, television, and other electronics stores $3,806,271 $15,761,737 $30,519,218

2013 Camera andphotographic supplies stores $321,634 $1,539,999 $3,003,150

2013 Computer andsoftware stores $8,944,913 $39,075,579 $73,298,471

2013 Beer, wine, and liquor stores $1,319,393 $6,052,288 $11,938,206

2013 Convenience stores $7,204,815 $30,633,075 $57,657,939

2013 Restaurant Expenditures $6,925,917 $31,173,035 $59,103,592

2013 Supermarkets and other grocery (except convenience) stores $24,836,321 $109,753,569 $209,322,581

2013 Furniture stores $2,996,497 $12,758,466 $23,496,614

2013 Home furnishings stores $6,311,483 $26,948,523 $52,126,236

2013 General merchandise stores $35,639,685 $148,291,195 $279,934,008

2013 Gasoline stations with convenience stores $21,691,625 $94,143,445 $176,899,975


Demographics

Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.

2013 Other gasoline stations $15,378,384 $67,062,454 $125,845,074

2013 Department stores (excl leased depts) $34,392,512 $143,324,621 $270,556,910

2013 General merchandise stores $35,639,685 $148,291,195 $279,934,008

2013 Other health and personal care stores $2,328,794 $10,333,414 $19,107,175

2013 Pharmacies and drug stores $6,666,542 $30,403,477 $57,994,896

2013 Pet and pet supplies stores $1,967,975 $8,472,507 $16,354,695

2013 Book, periodical, and music stores $582,724 $2,463,161 $4,739,496

2013 Hobby, toy, and game stores $982,122 $2,990,137 $5,735,809

2013 Musical instrument and supplies stores $137,940 $838,996 $1,850,355

2013 Sewing, needlework, and piece goods stores $382,953 $1,314,153 $2,287,229

2013 Sporting goods stores $757,913 $3,440,538 $5,683,756


Broker Profile

[email protected]

License:

,

(605) 275-4294SD #2440

Lloyd Companies

101 S Reid StSioux Falls SD 57103

Mark VellingaMark , is an accomplished negotiator and experienced broker in Land, Apartment, Commercial Property Sales and Leasing. He is a Graduate of Augustana College, Sioux Falls, SD with a degree in Business Administration. A 1986 CCIM Designee, the highly regarded graduate level training program within the confines of the National Association of Realtors, he currently sits on one of Sioux Falls instrumental Mayor Advisory Boards, Infrastructure Review and Advisory (IRAB). His current work involvement includes most areas of real estate.

Current Occupation: Broker Associate

Work Experience: Galleria at Rivers Bend Land Development 200 acresNorthwestern Energy Corporate Office BuildingAg Services Government Office BuildlingArbor's Edge residential land development 190 acresSioux Falls Corporate Centers I,II,III Industrial Flex Space OfficesGolden Valley Apartments, Sioux Falls, SD - 54 UnitsWestern Park Apartments, Sioux Falls, SD - 64 UnitsCedar Ridge Apartments LLC, Sioux Falls, SD - 24 unitsCedar House Apartments LLC, Sioux Falls, SD - 24 Units

Education: Augustana College, Sioux Falls, SDCCIM Designee, 1986

Organizations/Associations: CCIM

Website: http://www.lloydcompanies.com


mailto:[email protected]

http://www.lloydcompanies.com/

Documents

Pioneer Square Presented by Lloyd Companies 140 N ......Population (Cont.) 1-mi. 3-mi. 5-mi. 2000 Not Hispanic: White alone 13,557 65,616 111,292 2000 Not Hispanic: Black or African