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Restaurant Building Near Regional Mall
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120 Disk Dr, Rapid City, SD 57701

Existing restaurant facility positioned on an outparcel serving a surrounding retail corridor and enclosed shopping center.

Property Size8,300 SF
Days on Market144

Property Features for 120 Disk Dr

General Information

Standard status Active
Size 8,300 SF
Property subtype Retail

Site & Location

Traffic Count 34,318 vehicles/day
Highway Access Yes
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 3:04PM

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 The Boulder Group

Investment Insights

Based on property information with market context.

The property comprises an 8,300-square-foot restaurant building at 120 Disk Dr in Rapid City, South Dakota. It occupies an outparcel within the Uptown Rapid retail environment, formerly known as Rushmore Mall, and is positioned just off Interstate 90. The site is suited to restaurant operations within an established commercial setting.

Uptown Rapid is an 831,000-square-foot regional shopping center that reports more than 4,000,000 annual visitors and is described as the only enclosed shopping mall within 250 miles. Retailers along the corridor include Lowe’s Home Improvement, PetSmart, Ashley Homestore, Fleet Farm, Best Buy, Kohl’s, AMC Theatres, and Hobby Lobby. Interstate 90 carries 34,318 VPD at the property.

The surrounding five-mile area includes 76,884 residents with average annual household income of $68,393. The property’s retail setting combines an existing restaurant building with access to established shopping-center traffic and nearby national retailers.

Key Highlights

  • 8,300‑square‑foot restaurant building
  • Outparcel within Uptown Rapid, formerly Rushmore Mall
  • Just off Interstate 90 with 34,318 VPD

Property Analytics

Current Use

Red Lobster Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store HVAC Service Parking Lot & Garage Auto Repair Shop

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

34,318 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

625
Businesses Nearby
376k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 37% Shops & Services 28% Home Improvements & Furnishings 13% Apparel 9%
Hobby Lobby Shops & Services
50,145 visits/mo 0.5 miles
Texas Roadhouse Dining
35,737 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
32,711 visits/mo 0.4 miles
Best Buy Electronics
31,336 visits/mo 0.4 miles
Olive Garden Dining
29,972 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant facility positioned on an outparcel serving a surrounding retail corridor and enclosed shopping center.
Where is this conventional restaurant located?
The property is located at 120 Disk Dr Rapid City, SD.
What are key features of this property?
This property features: 8,300‑square‑foot restaurant building; Outparcel within Uptown Rapid, formerly Rushmore Mall; Just off Interstate 90 with 34,318 VPD
(847) 562-0003 Call to check price and availability
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