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    Rapid City, SD Flex Space for Lease

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    Black Hawk, SD Box Elder, SD
    Two-Story Flex Workspace Campus
    Updated: Jun 16
    Two-Story Flex Workspace Campus

    108 East Main Street, Rapid City, SD 57701

    $16 SF/Yr
    40,000 sqft
    David Lust Accelerator Building at 108 E Main St is a two‑story 40,000 SF workspace campus in downtown Rapid City
    13,780 SF available across high‑bay, lab, and office space types
    Gross leases with utilities included; lease rates range from $16.00–$24.00/SF/YR
    Shared amenities include lobby areas, meeting rooms, huddle/enclave rooms, restrooms, copy/break room, and central mailbox
    Elevator access and approximately 100 on‑site parking spaces
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    New Construction Industrial Warehouse Space
    Updated: Mar 10
    New Construction Industrial Warehouse Space

    1931 Dyess Ave, Rapid City, SD 57701

    Contact for pricing
    4,000 sqft
    New construction light industrial warehouse space.
    80’ × 50’ open warehouse bay with 20’ sidewalls.**
    Equipped with trench drains, 3‑phase power, and in‑floor heat.**
    16’ × 20’ overhead doors for large vehicle/equipment access.**
    Includes private office and ADA restroom with shower.
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    Flex Space with Warehouse Expansion
    Flex Space with Warehouse Expansion

    865 N Valley Dr, Rapid City, SD 57703

    Contact for pricing

    A developing industrial and office-warehouse property offers flexible leasing, from an individual space to the full property.

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    Versatile Flex Building for Lease
    Versatile Flex Building for Lease

    1802 Elm Ave, Rapid City, SD

    Contact for pricing
    1,680 sqft 0.48 AC lot

    1,440 SF flex building with additional 240 SF space.

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    Versatile Flex Space with Storage
    Versatile Flex Space with Storage

    2710 Haines Ave, Rapid City, SD

    Contact for pricing
    4,200 sqft 1.50 AC lot

    Multi-purpose building with outside storage and flexible zoning.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Rapid City, SD, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 6 Properties for Sales.

    Flex space for Lease in Nearby Cities

    Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

    Remodeled Flex Suite with Shop Space
    Remodeled Flex Suite with Shop Space

    320 S 26th St, Spearfish, SD 57783

    $2,500/Mo
    2,000 sqft

    Accessible commercial space offers a front-facing area, large shop, restroom, and overhead-door access.

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    Flex Office-Warehouse Space
    Flex Office-Warehouse Space

    7-1739 Commercial Ave, Sheridan, WY 82801

    $1,540/Mo
    1,200 sqft

    Functional flex layout includes two private offices, a restroom, and open warehouse space with ample on-site parking.

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    Flex Space with Office
    Flex Space with Office

    862 Lincoln Drive, Sheridan, WY 82801

    $2,000/Mo

    Metal shop space with office, restroom, overhead access, concrete parking, and B1 zoning.

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    New Modular Flex Space
    New Modular Flex Space

    3170 Venture Ct, Spearfish, SD 57783

    $1,500/Mo

    Steel construction and configurable suites support a range of business layouts and operational requirements.

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    Similar Spaces for Sale in Rapid City, SD

    Consider Similar Space for Sale. We found 6 Spaces matching your search parameters.

    Flex Space with Secure Yard
    Flex Space with Secure Yard

    1711 Centre St, Rapid City, SD 57703

    $2,200,000
    6,638 sqft 4.37 AC lot

    Light Industrial property combines renovated administrative areas with heated shop space and a partially fenced gravel yard.

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    Flex Space with Overhead Doors
    Flex Space with Overhead Doors

    502 Herman St, Rapid City, SD 57701

    $985,000
    8,960 sqft

    Existing office area, secured outdoor space, and adaptable industrial functionality support a range of commercial operations.

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    Multi-Tenant Flex Business Park
    Multi-Tenant Flex Business Park

    5626 FARGO LN, Rapid City, SD 57701

    $3,149,000
    17,400 sqft

    Conventional construction, heated zero-entry entrances, rear access, and separate utility metering support practical commercial operations.

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    Renovated Mixed-Use Commercial Building
    Renovated Mixed-Use Commercial Building

    412 Oshkosh, Rapid City, SD 57701

    $3,000,000
    11,547 sqft

    Four businesses occupy a renovated commercial building with private, fenced parking.

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    Flex Building with Garage Space
    Flex Building with Garage Space

    2911 W Omaha St, Rapid City, SD 57702

    $299,900

    Front reception and rear work areas create a practical layout for automotive, service, or specialty trade operations.

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    New Construction Warehouse Bays
    New Construction Warehouse Bays

    1931 Dyess Ave, Rapid City, SD 57701

    Contact for pricing

    Flexible industrial space combines open shop areas with private office and restroom improvements.

    View details

    Rapid City, SD Flex space Lease Rates & Market Statistics

    Browse 5 Flex space listings for lease in Rapid City, SD on Realmo, a commercial real estate marketplace serving the Rapid City area. The current inventory totals 49,880 square feet of properties.

    Flex space lease rates in Rapid City range from $16 SF/Yr at the entry level to $16 SF/Yr at the top of the market, averaging $16 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $16 SF/Yr is 46% above the South Dakota state average of $10.98 SF/Yr.

    Rapid City accounts for 83% of the 6 flex space listings currently available across Pennington County, where a nearby market includes Box Elder. Flex space listings make up 63% of the 8 Industrial properties currently for lease in Rapid City, with asking rates averaging $16 SF/Yr — 23% above the citywide Industrial properties average of $13 SF/Yr.

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