2620 Jackson BlvdRapid City, SD 57702

For Sale
$1,650,000

Rapid City, SD Office Building - Net Lease

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional Class A office building, located in Rapid City's desirable Creekside Office Park at 2620 Jackson Blvd, presents a compelling investment opportunity. The 11,843 square foot, two-story building boasts a prime location and features five individual suites within a single building on a 0.8-acre lot. Currently, four of the five suites are occupied under a gross lease, providing immediate cash flow. The main level encompasses 6,044 square feet, housing three leased suites sharing a common entrance area. The garden level offers 4,479 square feet, with one occupied and one vacant suite, presenting potential for immediate income generation or owner-occupancy. Built in 1987, this well-maintained property benefits from 30 parking spaces and prominent signage at the corner of Jackson Blvd and Sheridan Lake Rd. The property is zoned for office commercial use and offers a strong history of high occupancy with long-term tenants. This multi-tenant net lease investment is priced at $1,650,000 and represents a rare opportunity in a highly sought-after location. The property's excellent condition and strong tenant base make it an attractive investment for both seasoned investors and owner-occupiers seeking a stable and profitable venture.

Property Details for 2620 Jackson Blvd

Property type
Other office properties, Medical offices
Square Feet
11,843 SF
Class
A
Year Built
1987
Buildings
1
Stories
2
Lot Size (sq. ft)
34,848 SF
Units
5

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.06986087
Longitude
-103.26371414
2620 Jackson Blvd, Rapid City, South Dakota

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2620 Jackson Blvd
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