Lender Ordered Sale

Prime Downtown Office Building

101 S. Phillips Av, Sioux Falls, SD

 

• Forbes Rated #1 “Best Places for Business”

• 90,874 Leasable Square Feet

• Excellent  Downtown Location!

 

The Property: This prime, five-story, 90,874 square foot office building located at 101 S. Phillips Avenue, is situated in the central core of the Downtown Sioux Falls Business District. Formerly the home of one of the largest U.S. commercial insurers this high-profile location is ideal for an institutional purchaser, investor or end-user.

Property Inspections: The property will be available for inspection BY APPOINTMENT ONLY. 

Attention: Property Owners, Trustee’s and Real Estate Professionals, to learn more about how you and your client’s can benefit from Tranzon’s proprietary Market-Making System,^SM a proven-effective methodology for the accelerated sale of real estate please contact, Edward Kusztelak, President, Tranzon Edwards, Inc. at 847.634.1600 or Email, Ekusztelak@Tranzon.com. 

SD License 13353

Terms and Conditions

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Edward Kusztelak at 847-634-1600 or ekusztelak@tranzon.com.  All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the FAQ-Frequently Asked Questions.

Buyers Premium: No Buyers Premium.
Closing: 30-Day closing, sold in As-Is condition, no contingencies.
Deposit Amount: Ten-Percent (10%) in guaranteed funds is to be submitted with your offer.
Broker Co-op: One-Percent (1%) of the purchase price will be paid to a properly registered broker at settlement.
Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.