937 North StRapid City, SD 57701

For Lease
$11.93/SF/YR

Prime Retail Location, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 9,228-square-foot retail space, located at 937 E North Street, Suite 401 in Rapid City, South Dakota, presents a unique investment opportunity. Situated within the Dakota Market Square, this Class A property boasts a highly visible location with a recorded daily traffic count of 16,230 vehicles. The space features a versatile layout ideal for a variety of uses, including fitness centers, climbing gyms, or entertainment venues. The suite includes a front foyer with a built-in bar and attached commercial kitchen, a large open area perfect for customization, and a 10' x 9' overhead door providing convenient access from E Philadelphia Street. The 18-foot blackout ceilings and open floor plan offer significant design flexibility. Ample parking is available with 100+ spaces, including employee parking at the rear of the building. The property sits on 6.26 acres of land and is part of a thriving shopping center, benefiting from the high foot traffic generated by neighboring businesses such as Family Dollar, Discount Overstocks, China Star Buffet, and Black Hills Pawn. The building is prominently displayed with large signage along E North Street and Campbell Street, ensuring maximum visibility. Conveniently located 1.5 miles from I-90 Exit 60/E North Street, this property offers unparalleled accessibility. The zoning is General Commercial. The lease rate is $11.93 per square foot per year, plus an estimated $2.50 per square foot per year in NNN expenses.

Highlights

  • 9,228 SF retail space at 937 E North Street, Suite 401, Rapid City, SD, in Dakota Market Square.
  • High-visibility Class A space with 16,230 daily vehicle count.
  • Versatile layout suitable for fitness, entertainment, or similar uses; includes a foyer with bar and commercial kitchen, large open area, and 10' x 9' overhead door.
  • 18-foot ceilings, open floor plan, and ample parking (100+ spaces).
  • Located on 6.26 acres, near I-90 Exit 60, with strong co-tenancy (Family Dollar, Discount Overstocks, etc.).
  • General Commercial zoning; $11.93/SF/year lease rate, plus $2.50/SF/year NNN expenses.

Property Details for 937 North St

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
9,228 SF
Class
A
Buildings
1
Stories
2

Unit(s) available at that property

Space
Size
9,228 SF
Rate per SF
$11.93

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.087376159421
Longitude
-103.1957843751
937 North St, Rapid City, South Dakota

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937 North St
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