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1845 Haines Ave
Rapid City, SD 57701

$9,060,000 USD

Freestanding For Sale  •  118,130 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 121,440 SF
  • Lot Size 9.03 AC
  • Building Class C
  • Year Built 1988
  • Cap Rate 7.50 %
  • Tenancy Multiple
  • Zoning General Commercial
0 Transit Score
41 Walk Score

Highlights

• 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

Property Flyers

Cap Rate: 7.50 %

Major Tenants

Tenant SF Occupied Lease End Date
NAPA AutoParts 91,472 SF 12/31/2037
Planet Fitness 29,968 SF 12/31/2037

Amenities

  • Freeway Visibility
  • Security System
  • Signage
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Rapid City Regional 22 min - 11.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 417
Type: Surface
Included in Rent: Yes
Randy Olivier 605-430-6246 RE/MAX Advantage
Randy Olivier 605-430-6246 RE/MAX Advantage