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Dillinger Building 101 S Main Ave 48,619 SF 100% Leased Office Building Sioux Falls, SD 57104 $7,250,000 ($149.12/SF) 6.20% Cap Rate



EXECUTIVE SUMMARY
High-profile location in downtown Sioux Falls on the southwest corner of 9th Street and Main Avenue.
Size:
Building: 38,535 sqft
Land: 0.62 acre
Price: $7,250,000 (6.2% cap rate)
On-Site Parking:
44 surface parking stalls
14 indoor parking stalls
Tenant Mix: Johnson, Janklow & Abdallah Law Firm (1st and 2nd Floors), Two Main Avenue storefront retail tenants (1st Floor), office tenants (3rd Floor), U.S. Public Defenders Office (4th Floor), 13 loft apartments (5th and 6th Floor) – 25 total tenants
Area Tenants: Sioux Falls City Hall, Wells Fargo, First Dakota National Bank, Downtown Siouxland Library, Liberty National Bank, Hotel on Phillips, Woodgrain Brewing Co.
PROPERTY FACTS
AMENITIES
- Conferencing Facility
- Fitness Center
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Professional, Scientific, and Technical Services
- -
- $13.57
- Triple Net
- Sep 2025
At Johnson Janklow Abdallah, LLP, they have experienced personal injury trial lawyers are committed to a tradition of personal service and effective representation for each and every client, making them one of only seven law firms in South Dakota ranked highly recommended by Benchmark Litigation, the highest possible ranking, a national publication of America's leading litigation firms. Their lawyers have nearly 100 years of combined trial experience and they're dedicated to providing the highest quality representation in all practice areas related to litigation, trial work and appeals. Johnson Janklow Abdallah, LLP, is able to accept many cases on a contingency basis, which means that you do not pay a legal fee unless your case is settled or won at trial. With a contingency agreement, it does not cost you any more to hire the most experienced attorneys possible because all attorneys' fees are simply a flat percentage of the recovery.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
Professional, Scientific, and Technical Services | - | $13.57 | Triple Net | Sep 2025 |
PROPERTY TAXES
| Parcel Number | 42985 | Improvements Assessment | $5,319,100 |
| Land Assessment | $164,600 | Total Assessment | $5,483,700 |
PROPERTY TAXES
Presented by
Dillinger Building | 101 S Main Ave
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