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Two-Story Flex Workspace Campus
For Lease
$16 SF/Yr

108 East Main Street, Rapid City, SD 57701

Two-story workspace campus offers high-bay, lab, and office options with gross leases and utilities included.

Space Size1,773 SF - 3,493 SF
Days on Market76

Property Features for 108 East Main Street

General Information

Standard status Active
Size 1,773 SF - 3,493 SF
Total Parking Spaces 100
Property subtype Industrial

Building Details

Year Built 2020
Stories 2

Spaces For Lease

at 108 East Main Street Contact us

1st Floor Office Suites $21/SF/Yr

Size
3,493 SF
Type
Industrial
Lease Type
Modified Gross
Sublease
No
Build Type
Full build out
Contact us

North Labs 1 & 2 $16/SF/Yr

Size
2,052 SF
Type
Industrial
Lease Type
Modified Gross
Sublease
No
Build Type
Full build out
Contact us

Suite 103 — High Bay $16/SF/Yr

Size
1,773 SF
Type
Industrial
Lease Type
Modified Gross
Sublease
No
Build Type
Full build out
Contact us

Suite 229 $24/SF/Yr

Size
1,889 SF
Type
Industrial
Lease Type
Modified Gross
Sublease
No
Build Type
Full build out
Contact us
Listing Agency: KW Commercial | Black Hills
Listed By: Chris Long · License #14881
Source: Commercialcafe
Added: Jun 16 Changed: Aug 24 Last Checked: Aug 29 at 6:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial | Black Hills

Investment Insights

Based on property information with market context.

The David Lust Accelerator Building is a two-story workspace campus offering a mix of high-bay, lab, and office opportunities. The building includes available space across multiple configurations, with shared amenity areas such as lobby spaces, meeting rooms, huddle and enclave rooms, restrooms, and a copy/break room. The campus also features a central mailbox, elevator access, and approximately 100 on-site parking spaces.

Located in downtown Rapid City at 108 E Main St, the building’s tenant mix includes Daktronics, Sanford Underground Research Foundation, Direct Companies, Wildfire Labs, Secure Compliance, and Adrenaline Analytics. Spaces are offered on a gross lease structure with utilities included.

Suites within the campus are positioned to support office-focused users as well as operations requiring high-bay and lab-ready environments, with access to shared facilities throughout the building.

Key Highlights

  • 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

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Pharmacy Storage Facility HVAC Service (Bike/Boat/Book/etc) Store Veterinary Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

826
Businesses Nearby
Balanced
Demand for This Use

Demographics for 57701, SD

46,258
Population
20,526
Households
2.3
Avg Household Size
36
Median Age
28%
College-Educated
93%
High-School Grad
52.2 sq mi
ZIP Area
886
Density / Sq Mi
$52,733
Median Household Income
$34,971
Median Earnings
$892
Median Rent
$229,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Two-story workspace campus offers high-bay, lab, and office options with gross leases and utilities included.
Where is this flex space located?
The property is located at 108 East Main Street Rapid City, SD.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: 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
More about this property
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