Rapid City Commercial Real Estate

1032 E North St - Entire Building Rapid City, SD HVAC
Sep 14
2,280
sqft
Office Retail
909 St Joseph St - Space Rapid City, SD  
Sep 14
2,680
sqft
Office
709 Main St - Space Rapid City, SD There are 1 conference rooms
Sep 14
200
sqft
Office
2920 W Main St - Space Rapid City, SD 8 to 11 foot ceiling height
Sep 14
1,000
sqft
Office
320 Maple Ave - Space Rapid City, SD HVAC
Jun 01
2,300
sqft
Mixed Use Office
1555 Haines Ave - Unit B Rapid City, SD HVAC
May 29
14,000
sqft
Mixed Use Retail
717 Columbus St - Space Rapid City, SD HVAC and plus utilities
Apr 03
1,140
sqft
Office Retail
36 E Stumer Rd - 2 Spaces Rapid City, SD $6.06 NNN
Apr 03
1,200 - 2,800
sqft
Office Retail

Rapid City

Market Report

Number of Listings
Posted in the last 90 days
28
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,430

Rapid City Rates

The typical asking rate per listing is in the $10's per square foot per year. The Rapid City submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $23 per sqft per year. That's a 54% decrease in rent.

Rapid City Listing Supply

In the last 90 days, 178 listings have been made available, so you'll want to check back regularly for new listings. About 20% of the available space in the Rapid City are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,430 sqft. Most properties in this market are around 2 stories. Most buildings in this market were built in 1984 and are Class B.

Rapid City Community

Market Data

Real time and historical data on commercial real estate listings in Rapid City.
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