Rapid City Industrial

Rapid City

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Rapid City Rates

On average, listings lease in the $10's per square foot per year. The Rapid City submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 12% rise in rent.

Rapid City Listing Supply

In the last 90 days, 13 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,800 sqft. Most properties in this area are around 3 stories. Most buildings in this market were built in 1990 and are Class B.

Rapid City Community

Market Report

Trends and status of the commercial real estate market in Rapid City.
Market Report

Market Data

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

Pennington County Submarkets