Industrial

Rapid City, SD Industrial Properties for Lease

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Black Hawk, SD Box Elder, SD Sturgis, SD
8 properties
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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 Warehouse
Updated: Sep 22
New-Construction Warehouse

4754 East Mall Drive, Rapid City, SD 57701

$10 SF/Yr
30,000 sqft 3.77 AC lot
30,000 SF warehouse planned with approximately 2,000 SF of office
24' sidewalls, two 14' x 14' grade‑level doors, and capacity for up to four dock‑high doors
800 amp, 3‑phase power at 480V or 600V
3.77‑acre corner site at E Mall Dr and Seger Dr, with I‑90 access
General Light Industrial zoning; outdoor storage yard can be accommodated if required
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New Construction Industrial Warehouse Space
New Construction Industrial Warehouse Space

1931 Dyess Ave, Rapid City, SD 57701

Contact for pricing
4,000 sqft

New industrial warehouse space for lease in Rapid City, SD.

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Flex Space with Warehouse Expansion
Flex Space with Warehouse Expansion

865 N Valley Dr, Rapid City, SD 57703

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

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Retail Single Tenant Opportunity
Retail Single Tenant Opportunity

29 Main St, Rapid City, SD 57701

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Retail space available for single tenant in Rapid City.

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High-Traffic Retail Center Anchor Space
High-Traffic Retail Center Anchor Space

2255 Haines Ave, Rapid City, SD 57701

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12,000 sqft

Prime retail spaces available in high-traffic Rapid City location.

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Versatile Flex Building for Lease
Versatile Flex Building for Lease

1802 Elm Ave, Rapid City, SD

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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

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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 23 Potential Opportunities for your consideration. Besides 8 Active listings in Rapid City, SD, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 11 Properties for Sales.

Industrial properties for Lease in Nearby Cities

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

Industrial Flex Suite with Office
Industrial Flex Suite with Office

449 Cimarron Drive, Box Elder, SD 57719

$10 SF/Yr
3,360 sqft

New 2024 flex suite with open shop, cooled private office, and mezzanine storage above the office.

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

320 S 26th St, Spearfish, SD 57783

$2,200/Mo
2,000 sqft

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

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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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Industrial Warehouse with Grade-Level Doors
Industrial Warehouse with Grade-Level Doors

4754 E Mall Dr, Box Elder, SD 57719

Contact for pricing
30,000 sqft 3.77 AC lot

New industrial space combines flexible office planning, multiple loading options, and power for warehouse, distribution, or light manufacturing operations.

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Similar Spaces for Sale in Rapid City, SD

Consider Similar Space for Sale. We found 11 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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Flex Space with Loading Dock
Flex Space with Loading Dock

3104 W Saint Louis St, Rapid City, SD 57702

$795,000
6,733 sqft

Showroom and office areas complement a heated warehouse, with additional upstairs workspace and a loading dock.

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Industrial Property with Heated Warehouses
Industrial Property with Heated Warehouses

2130 DYESS AVE, Rapid City, SD 57701

$2,475,000
17,676 sqft 16.66 AC lot

Seven insulated warehouse buildings sit across adjoining parcels in a heavy industrial district.

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Flex Property with Fenced Yard
Flex Property with Fenced Yard

4404 Universal Dr., Rapid City, SD 57702

$1,125,000
9,273 sqft 3.51 AC lot

Three buildings combine office areas, workshop and garage bays, cold storage, and a gated asphalt yard.

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Rapid City Warehouses on Cambell
Rapid City Warehouses on Cambell

3418 Cambell St, Rapid City, SD 57701

$975,000
10,840 sqft 2.22 AC lot

Two warehouses totaling 10,840 SF on 2.22 acres.

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Flex Space with Heated Shop
Flex Space with Heated Shop

504 E North, Rapid City, SD 57701

$360,000
1,809 sqft

A private office and restroom accompany the heated shop and secure outdoor storage area.

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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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Industrial Warehouse with Cold Storage
Industrial Warehouse with Cold Storage

3636 SEGER DR, Rapid City, SD 57701

$5,250,000

Includes refrigerated space, climate-controlled areas, drive-through loading, office accommodations, and additional land.

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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.

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Rapid City, SD Industrial properties Lease Rates & Market Statistics

Browse 8 Industrial properties for lease in Rapid City, SD on Realmo, a commercial real estate marketplace serving the Rapid City area. The current inventory totals 91,880 square feet of properties.

Industrial properties lease rates in Rapid City range from $10 SF/Yr at the entry level to $16 SF/Yr at the top of the market, averaging $13 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $13 SF/Yr is 22% above the South Dakota state average of $10.64 SF/Yr.

Rapid City accounts for 80% of the 10 industrial properties currently available across Pennington County, where a nearby market includes Box Elder.

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