1333 Elk Vale RdRapid City, SD 57703

For Lease
$15/SF/YR

Prime location, high-traffic area, 5,252 SF.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 5,252-square-foot restaurant and bar space is located at 1333 N Elk Vale Rd in Rapid City, South Dakota, 57703. The property boasts a prime location with excellent visibility and accessibility from I-90 and Elk Vale Road, benefiting from substantial summer tourist traffic and convention traffic during the off-season. Situated within a rapidly developing area with limited full-service restaurant and entertainment options, this Class A property presents a unique investment opportunity. The building itself is a four-story structure with over 100 parking spaces, ensuring ample convenience for patrons and staff. The interior features a spacious 47' x 57' dining and entertaining area, a sizable 47' x 17' catering kitchen complete with a storage room, and convenient features such as men's and women's restrooms, a coat room, and additional storage. A connecting corridor provides direct access to the adjacent Comfort Suites hotel, a top-ranked Choice hotel with consistently high guest ratings and near-full occupancy during peak seasons. The property is zoned for General Commercial use and sits on a 3.6-acre lot. A tenant improvement allowance is negotiable. The lease rate is $15.00 per square foot per year, NNN.

Highlights

  • 5,252 SF restaurant/bar space at 1333 N Elk Vale Rd, Rapid City, SD 57703.
  • Excellent visibility & accessibility from I-90 & Elk Vale Rd, benefiting from high tourist & convention traffic.
  • Located in a rapidly developing area with limited full-service restaurant competition.
  • Class A, four-story building with over 100 parking spaces.
  • Spacious dining area (47' x 57'), large catering kitchen (47' x 17'), restrooms, coat room, & storage.
  • Direct access to adjacent, high-occupancy Comfort Suites hotel.

Property Details for 1333 Elk Vale Rd

Property type
Restaurants, Other retail properties
RSF (Rentable sq. ft)
5,252 SF
Class
A
Buildings
1
Stories
4

Unit(s) available at that property

Space
Size
5,252 SF
Rate per SF
$15

Location Insight

City
Rapid City
County
Pennington
State
South Dakota
Latitude
44.097738521747
Longitude
-103.15351627555
1333 Elk Vale Rd, Rapid City, South Dakota

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1333 Elk Vale Rd
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