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Retail Property with 7.25% Cap
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1165 Eglin St, Rapid City, SD 57701

For sale retail property with a stated 7.25% cap rate and 65,102 SF total building area.

Property Size65,102 SF
Days on Market128

Property Features for 1165 Eglin St

General Information

Standard status Active
Size 65,102 SF
Property subtype Retail

Additional Details

Cap Rate 7.25%
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #RC51900187
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 2:30AM

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 ParaSell Inc

Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a stated 7.25% cap rate and totals 65,102 SF.

The property is located at 1165 Eglin St in Rapid City, SD 57701. The listing materials provided describe it as a retail asset, and the key underwriting highlight included is the 7.25% cap rate. Prospective buyers can review the offering documents to confirm income, expenses, and lease terms associated with the stated capitalization rate.

Key Highlights

  • Retail property for sale with 65,102 SF total building area
  • Stated 7.25% cap rate

Property Analytics

Current Use

Dakota Party Party Supply Store Meyer & Dana Orthodontics Dental Office SKECHERS Warehouse Outlet Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Gym & Fitness Center Parking Lot & Garage Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

438
Businesses Nearby
435k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 59% Dining 12% Apparel 12% Shops & Services 10%
Walmart Superstores
135,036 visits/mo 0.2 miles
Sam's Club Superstores
120,126 visits/mo 0.3 miles
Fleet Farm Apparel
50,279 visits/mo 0.5 miles
Golden Corral Dining
23,914 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
22,441 visits/mo 0.4 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - For sale retail property with a stated 7.25% cap rate and 65,102 SF total building area.
Where is this retail space located?
The property is located at 1165 Eglin St Rapid City, SD.
What are key features of this property?
This property features: Retail property for sale with 65,102 SF total building area; Stated 7.25% cap rate
(949) 942-6585 Call to check price and availability
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