Freestanding For Sale • 118,130 SF
| • Long-Term Net-Leased Income – New 12-year NNN leases with national tenants NAPA Auto Parts and Planet Fitness provide stable, predictable cash flow |
| • Prime High-Traffic Location – Positioned just south of Interstate 90 on Rapid City’s primary retail corridor with visibility to 35,000+ vehicles per |
| • Recently Upgraded Asset – Significant 2024–2025 capital improvements including interior renovations, LED lighting, exterior updates, and resurfaced |
| Cap Rate: | 7.50 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| NAPA AutoParts | 91,472 SF | 12/31/2037 |
| Planet Fitness | 29,968 SF | 12/31/2037 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Rapid City Regional | 22 min | - | 11.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 417 |
| Type: | Surface |
| Included in Rent: | Yes |