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108 E Main St
Rapid City, SD 57701 Downtown Rapid City

$1,858 - $6,113 USD/MO

Light Distribution For Lease  •  929+ SF

Property Details

  • Property Type Light Distribution
  • Year Built 1972
  • Total Building Size 40,000 SF
  • Tenancy Multiple
  • Building Class C
  • Zoning Urban Commercial
40 Walk Score

7 Spaces Available

Name Space Use Size Rent Details
1st Floor Ste North Lab 2 Industrial 2,052 SF $16.00 USD/SF/YR
Two 2,052 SF first-floor lab suites planned for vanilla shell delivery, available independently or together. Each suite includes overhead door access, floor drain, large exterior windows, and a $10.00/SF tenant improvement allowance. Gross lease, utilities included ($2,736/month per suite; $5,472/month combined).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
1st Floor Ste North Labs 1 & 2 Industrial 2,052 SF $16.00 USD/SF/YR
Two 2,052 SF first-floor lab suites planned for vanilla shell delivery, available independently or together. Each suite includes overhead door access, floor drain, large exterior windows, and a $10.00/SF tenant improvement allowance. Gross lease, utilities included ($2,736/month per suite; $5,472/month combined).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
1st Floor Ste South Office Suites Flex 3,493 SF $21.00 USD/SF/YR
3,493 SF first-floor office block planned for subdivision into five to six individual turnkey office suites ranging from 500–600 SF each. Each suite will have a dedicated hallway entry door, finished interiors, and natural light from large windows running the full length of the north wall. Gross lease, utilities included (approximately $1,020/suite/month).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
1st Floor Ste Suite 103 — High Bay Flex 1,773 SF $16.00 USD/SF/YR
1,773 SF first-floor high-bay workspace with 29' clear ceiling height and 14' clearance below the mezzanine. Functional mix of open workspace and built-in offices; the mezzanine includes three offices and a connecting hall. The suite has a 10' x 10' overhead door, separate exterior entry, floor drain, three-phase 208V/120V dedicated power, and large windows. Gross lease, utilities included ($2,364/month).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
1st Floor Ste Suite 227 Flex 1,592 SF $24.00 USD/SF/YR
1,592 SF second-floor suite with a 1,418 SF open office area and one private office. Large windows throughout. Gross lease, utilities included ($3,184/month).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
1st Floor Ste Suite 228 Flex 929 SF $24.00 USD/SF/YR
929 SF second-floor suite with a 414 SF conference room, two private offices (174 SF and 160 SF), and an internal corridor. Large windows throughout. Gross lease, utilities included ($1,858/month).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet
1st Floor Ste Suite 229 Flex 1,889 SF $24.00 USD/SF/YR
1,889 SF second-floor suite with six private offices ranging from 135 to 174 SF and a 793 SF open work area. Large windows throughout. Gross lease, utilities included ($3,778/month).

  • Date available: Now
  • Lease term: Negotiable
  • Service type: Modified Gross
  • Space Type: Relet

Description

The David Lust Accelerator Building at 108 E Main St is a two-story, 40,000 SF workspace campus in downtown Rapid City with 13,780 SF available across high-bay, lab, and office opportunities. All spaces are offered on a gross lease with utilities included, with rates from $16.00–$24.00/SF/YR.

Shared amenities include lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break room, central mailbox, elevator access, and approximately 100 on-site parking spaces. Co-tenants include Daktronics, Sanford Underground Research Foundation, Direct Companies, Wildfire Labs, Secure Compliance, and Adrenaline Analytics. On-site resources include Elevate Rapid City, the Governor's Office of Economic Development (West River), and the South Dakota Ellsworth Development Authority. Built 2020; 2 stories; Urban Commercial zoning.

Highlights

13,780 SF available across first- and second-floor high-bay, lab, and office opportunities
First-floor options include a 1,773 SF high-bay workspace, two 2,052 SF lab suites, and a 3,493 SF office block planned for subdivision into 5–6 turnk
Second-floor options include finished office suites from 929–1,889 SF with open office, private office, and conference room layouts
$16.00–$24.00/SF/YR gross lease; utilities included
Shared amenities include lobby areas, meeting rooms, huddle and enclave rooms, restrooms, copy/break room, central mailbox, elevator access, and app
Co-tenants include Daktronics, Sanford Underground Research Foundation, Direct Companies, Wildfire Labs, Secure Compliance, and Adrenaline Analytics

Property Flyers

Public Transportation

AirportDriveWalkDistance
Rapid City Regional 26 min - 10.4 mi
Chris Long 605-939-4489 KW Commercial Rapid City
Chris Long 605-939-4489 KW Commercial Rapid City